Many readers of my recent blog post entitled “Another change to the VAT system in China.  A minor impact for most buyers and a massive impact for some buyers.  An abstract topic that none the less is relevant to every buyer of goods from China” asked that I explain some background on the VAT system.…

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A minor impact for most buyers and a massive impact for some buyers.  An abstract topic that none the less is relevant to every buyer of goods from China. In their article “China may cut export tax rebates”, my local English paper, the Shenzhen Daily reports “China was drawing up plans to either scrap or…

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