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Author Topic: China's total tax cut to exceed 1.3 trillion yuan this year, above target (Trump's Tariffs)  (Read 257 times)

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Offline To-Whose-Benefit?

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China's total tax cut to exceed 1.3 trillion yuan this year, above target (Trump's Tariffs)
« on: September 30, 2018, 03:14:29 am »
Reuters
September 29, 2018 / 12:38 AM / Updated a day ago

https://www.reuters.com/article/us-china-economy-tax-cuts/chinas-total-tax-cut-to-exceed-1-3-trillion-yuan-this-year-above-target-idUSKCN1M903Y

BEIJING (Reuters) - The total value of China’s tax cuts this year was expected to exceed 1.3 trillion yuan ($189.28 billion), higher than the target set earlier this year, the nation’s finance minister said in an interview with state media China Daily.

China is studying measures to further cut taxes and reduce fees, as part of its fiscal measures to ease economic headwinds amid the Sino-U.S. trade tensions, Finance Minister Liu Kun told the China Daily.

Liu said China’s total cuts in taxes and fees would be more than 1.1 trillion yuan this year, in an interview with Reuters in August.

($1 = 6.8680 Chinese yuan renminbi)
« Last Edit: September 30, 2018, 03:19:23 am by To-Whose-Benefit? »
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Offline To-Whose-Benefit?

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Re: China's total tax cut to exceed 1.3 trillion yuan this year, above target (Trump's Tariffs)
« Reply #1 on: September 30, 2018, 03:15:22 am »
As I said, without Our Money and Our Markets, . . . . .

 :mauslaff:

They're selling to Themselves, and their serfs need more money to buy what they're producing, since the US Ain't buying as much as we were buying.

 :smokin:
« Last Edit: September 30, 2018, 03:17:30 am by To-Whose-Benefit? »
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My 'Viking Hunter' High Adventure Alternate History Series is FREE, ALL 3 volumes, at most ebook retailers including Ibooks, Barnes and Noble, Kobo, and more.

In Vol 2 the weapons come out in a winner take all war on two fronts.

Vol 3 opens with the rigged murder trial of the villain in a Viking Court under Viking law to set the stage for the hero's own murder trial.

http://wulfanson.blogspot.com
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