Assettrader Looks With Optimism At China’s Vat Reform 20/11/2008

Last week, the Chinese media announced VAT rate cuts triggered by the Government’s latest tax reform. AssetTrader believes this fiscal change will encourage start-ups and SMEs to go green by purchasing used equipment rather than new. Last week, the Chinese Government has announced an extension to its VAT reform to all industries from 1st January 2009, thus reducing the tax burden on businesses by more than 120bn CNY (17.6 bn USD) next year. The scope of this reform is to trigger a shift from the existing production-based VAT regime, to a new consumpion-based one. As a result, the country is expected to experience economic growth despite the current difficulties that are challen...

Scam-proof Your Industrial Equipment 11/11/2008

AssetTrader explains how to buy safely on the internet: hustle-free purchase of cranes, forklift trucks, excavators, tractors, diesel engines and so on. In this age of credit crunch and general economic mayhem, the market is undergoing a transformative process in terms of demand/supply, prices of raw and manufactured material and geography of the participants involved. For instance, the rising cost of steel is posing a strain on those companies that do not have significant budget for the purchase of new equipment, particularly start-ups and SMEs. According to research done by website Moldmakingtechology.com, prices of steel are going up due to increased Chinese consumption, raw mater...

Take A Walk On The Web Side 04/11/2008

If the credit crunch is posing a strain on your business, perhaps it’s time to turn to the online used market. AssetTrader explains why and how. In this age of credit crunch and general economic mayhem, the market is undergoing a transformative process in terms of demand/supply, prices of raw and manufactured material and geography of the participants involved. For instance, the rising cost of steel is posing a strain on those companies that do not have significant budget for the purchase of new equipment, particularly start-ups and SMEs. According to research done by website Moldmakingtechology.com, prices of steel are going up due to increased Chinese consumption, raw materia...

Smes Cutting Down Costs On Capital Expenditures By Turning To The Used Market, Assettrader Reports 03/11/2008

In the age of the credit crunch, the online purchase of used industrial equipment is an increasingly popular option for start-ups and SMEs. In the age of the credit crunch, business owners are becoming more and more reluctant to splurge when it comes to capital expenditures, especially if they are managing a start-up or a small-to-medium enterprise. Agricultural and construction companies that utilize roughly less than 50% of work hours from their equipment can experience a considerable draining of resources, due to the storage and depreciating costs of the assets. As a result, money-savvy SMEs are increasingly embracing the business practice of buying used assets online to cut on ca...

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