Tue, Oct 21, 2014
A A A
Welcome kbr175@gmail.com
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 37561 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031