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China’s Import Tax Cuts Won’t Lift All Brands

May 26, 2015/0/0/

After years of calls from consumers and high-powered businesspeople like Wang Jianlin to drop import taxes (which have sent millions of Chinese tourist-shoppers abroad in search of lower prices), this week China’s Ministry of Finance announced a program to cut taxes for some products beginning June 1. According to Chinese news site 21CBN,¬†this tax cut […]

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