China Cuts Import Taxes To Encourage Spending


China Cuts Import Taxes To Encourage Spending
BY LAURIE BURKITT
The Wall Street Journal Europe
May 26 2015

BEIJING—China slashed import duties on goods ranging from shoes to cosmetics to boost spending at home, where the economy is slowing and high taxes often prompt consumers to shop abroad. The Ministry of Finance said Monday that it will cut duties by…read more…

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