12.08.2014 - China May Impose Resource Tax on Rare Earth
The WTO has made a verdict, believing tariff and quota measures launched by China on the export of rare earth, molybdenum and tungsten go against concerned WTO rules and promises made by China when joining the WTO . Chen Weidong , a professor with the University of International Business and Economics and a part-time researcher at the China WTO Research Institute , said there would be possibility for a resource tax to replace the export tax that would be canceled. This had been researched by a long period of time, but had not been unveiled..........................................Full Article: Source
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