Sun, Feb 1, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Metals and Minerals, Regulatory more

China metals tax hike hits miners

Posted on 13 November 2008

From Timesonline.co.uk: Mining stocks, already under pressure amid fears of falling demand from China, were dealt a further blow today after China announced plans to raise the VAT on metal ores from January 1.

China is the world’s top consumer of copper and aluminium, and the tax would likely hit imports of metals as well as domestic production, and will further cut demand for metals from foreign miners……. Full Article: Source


 Article link

This post was written by:

VRS - who has written 39041 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
February 2015
S M T W T F S
« Jan    
1234567
891011121314
15161718192021
22232425262728