Sunday, March 4, 2007

Tax honeymoon over in China

The tax honeymoon for foreign investors in China is ending.

For two decades, China has rewarded new investors with hefty tax breaks, helping lure the nearly US$700bn in investment that has helped make the country the world's fourth largest-economy, but fuelling growing complaints by Chinese companies about unfair treatment.

Read more at FIN24.co.za

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