CHINA TOPIX

04/26/2024 09:04:34 pm

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China's new tax structure

China financial street,

China's Looming VAT Reform May Affect Metals Importers

China's economy may be slowing down, but the country is not ready to give in just yet. Next month, the Chinese government is planning to implement its revamped value-added tax (VAT) that would replace business taxes and expand three crucial sectors: real estate, finance, and consumer services.

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