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30 Oct
00:00

China export rebate cut is unlikely : reports

China’s steel exports are unlikely to be hit by a reduction in the tax rebates they currently enjoy, according to senior figures quoted in the country’s local media. The unnamed source in the National Business Daily appears to be trying to put an end to rumours that the Ministry of Commerce would remove the rebates from 1 January 2015. Rumours that the rebates, which are unpopular with China’s trade partners, could be cut have circulated se…
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