China’s Tax Rebate Cuts – What it Means for India?
In a significant policy shift, China’s Ministry of Finance has announced reductions and cancellations to its export tax rebate program, effective December 1, 2024. This move directly impacts key industries such as aluminum, copper, photovoltaics (PV), and batteries, with the rebate for some of these products being slashed from 13% to 9%, while others, including …
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