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Premature tax hike could hurt Chinese consumer spending

By Zhu Qiwen ( China Daily ) Updated: 2016-03-31 07:41:55

You may call it a move for fairer taxation.

You may call it a move to facilitate trade.

But you cannot sell it as a boon for Chinese consumers, because once the tax rules on online retail goods are changed on April 8, Chinese online shoppers will feel the impact and are likely to think twice about opening their purse strings.

Premature tax hike could hurt Chinese consumer spending

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