Free Trial

China is expected to cut more taxes.....>

CHINA PRESS
CHINA PRESS: China is expected to cut more taxes and fees, including simplifying
and reducing value-added taxes, as well as cutting businesses' social insurance
contributions, the China Securities Journal reported on Monday citing
unidentified sources.
- Cutting unnecessary fiscal expenditures, optimizing the spending structure,
and strengthening the tax collection together can allow further tax cuts without
increasing the national deficit and debt, the newspaper said citing Liu Shangxi,
the dean of the China Academy of Fiscal Science under the Ministry of Finance.
(Link to the story: https://bit.ly/2zeUqkS)

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.