China VAT cuts from April 1 set to boost commodities demand

China VAT cuts from April 1 set to boost commodities demand
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21.03.2019

MOSCOW (MRC) -- China's announcement Friday that April 1 will be the implementation date for value-added tax cuts aimed at stimulating manufacturing activity and lowering input costs for companies drew a positive response from commodities market players, as per Hydrocarbonprocessing.Beijing unveiled stimulus policies on March 5 including VAT cuts in manufacturing to 13% from 16%, and for

Full article at mrcplast.com

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