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Europe Daily Bulletin No. 9451

22 June 2007
Contents Publication in full By article 12 / 35
GENERAL NEWS / (eu) eu/china/trade
Beijing's tax initiative to curb Chinese export growth

Brussels, 21/06/2007 (Agence Europe) - On Tuesday, one week after the visit to Brussels on 12 June by China's trade minister, Bo Xilai (EUROPE No 9443-9445), the Chinese Ministry of Finance announced its intention to considerably reduce the tax relief that it grants to exporters of certain products. On 1 July this year, 2,831 products (to give a random sample: toys, watches, steel products, two-wheeled vehicles, cement, fertilisers, salt, etc. - with emphasis placed on products whose...

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