China Is Said to Plan $90 Billion Cut in VAT for Manufacturers

The video discusses China's fiscal policies, including a potential VAT cut for the manufacturing sector, and the political pressures faced by President Xi Jinping. It highlights economic predictions by Morgan Stanley and the central bank's prudent policy approach. The video also addresses internal party tensions and the significance of historical anniversaries in China.

What is the expected growth target range for the Chinese economy as mentioned in the report?

What key anniversaries are mentioned that could impact the political landscape in China?