China said on Tuesday it will implement a special tax policy in the newly expand...
Chinese Vice Commerce Minister and Deputy China International Trade Representative Wang Shouwen attends a news conference on the Shanghai Free Trade Zone, in Beijing, China, August 6, 2019. REUTERS/Jason Lee
U.S. President Donald Trump sharply escalated the U.S.-China trade war last week when he threatened 10% tariffs on the remaining $300 billion worth of Chinese goods imported into the United States, starting Sept. 1. The State Council did not elaborate further on the special tax policies, but Deputy Mayor of Shanghai Chen Yin later told a briefing that foreign companies may not be charged customs duties for goods transiting or stored in the zone.
Reuters reported on Monday that China is planning a pilot project to drop all duties and ease procedures at its Shanghai FTZ, citing people familiar, as Beijing looks to position itself as a leader in promoting free trade amid its grinding trade war with Washington.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Asia markets set to decline amid US-China trade concernsStocks in Asia were set to trade lower on Monday as investors remain concerned over a recent escalation in the U.S.-China trade war.
Baca lebih lajut »
Futures point to Dow opening more than 300 points lower amid US-China trade turmoilFutures on Sunday evening pointed to an opening decline of more than 300 points for the Dow Jones Industrial Average at Monday's open.
Baca lebih lajut »
China lets yuan break key 7 level for first time in decade as trade war worsensChina let the yuan breach the key 7-per-dollar level on Monday for the first tim...
Baca lebih lajut »
Tariff pinpricks on China trade are useless, diplomacy is a better wayThe U.S.-China trade talks are taking place in an environment of mistrust and suspicions ,writes Michael Ivanovitch.
Baca lebih lajut »
Stocks slide amid US-China trade war escalationWe're watching markets slide amid escalations in the the US-China trade war. The S&P 500 is having its worst day of the year and the Dow and Nasdaq are both down more than 3%. Watch live on Facebook:
Baca lebih lajut »