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Thread: China to stop imposing import duties on copper, coal and aluminium
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[quote=KEVIN0518,262397]China made an announcemen recently that it will stop imposing import duties on copper, coal and aluminium and halve import tax on oil products (diesel and gasoline) from January 1st. Last Wednesday, the Ministry of Finance also declared that export taxes on some steel products, coking coal and coke would be raised to curb the profits on those polluting exports. To cool down the steel industry, the export duties on semi-finished steel products will also be raised by 25%. What can you infer from the above report? China is thirsty and it needs more energy. That is why it stop imposing import duties. On the other hand, environment protection has been attached much more importance. Do you agree?[/quote]
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