May 1st – Labour Day

Labour day is a well known holiday in the West to celebrate the working class. It is usually held on May 1st every year. In China, though, this holiday lasts for three whole days instead of just one day, which turns it into yet another long weekend break for the...

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Spring is coming…

No more snow. Brighter colors. Days are getting longer. SPRING IS COMING! Best wishes from team Petrex!

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Reduction of VAT rates in China

The Chinese economy has been slowing in recent years. As part of a 2 trillion RMB package the Chinese government seeks to reduce costs, especially for businesses affected by the tariff dispute with the US. According to the announcement made by the government on March...

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