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China Ends Export Tax Rebate for Aluminum, Copper From Dec.
Aluminum Soars as China Scraps Tax Sweetener That Fueled Exports
Aluminum jumped on Friday after China said it would cancel a tax rebate that’s helped fuel a decades-long boom in exports and shielded an industry prone to overcapacity.
China Says To Scrap Export Tax Rebate For Aluminium, Copper
China's finance ministry said Friday it was cancelling export tax rebates for metals like aluminium and copper, and certain other goods, beginning next month.
Alcoa, Century Aluminum Shares Jump After China Cancels Export-Tax Rebate
Shares of Alcoa and Century Aluminum rose after China's finance ministry said it would cancel its export-tax rebate for aluminum. In midday trading Friday, Alcoa's stock was up 8.6%, while Century Alu
China Ends Export Tax Rebate for Aluminum, Copper From December
China is ending its export tax rebate policy for aluminum and copper, while lowering it for some refined oil and battery products as overcapacity concerns have grown among global trading partners.
China to cut or cancel export tax rebates for products including aluminium, copper
China's finance ministry said on Friday it would reduce or cancel export tax rebates for a wide range of commodities and other products, effective Dec. 1. The country will reduce the export tax rebate rate for some refined oil products,
Alcoa jumps with aluminum futures as China cancels tax incentive on exports
Alcoa (NYSE:AA) +7.8% and Century Aluminum (CENX) +4.2% pre-market Friday as prices for aluminum and other industrial metals jumped after China canceled a tax rebate on exports of certain commodities.
Aluminum Soars as China Cancels Tax Incentive on Exports
Aluminum soared as China announced it was removing a tax rebate that covers over 5 million tons of exports of the metal.
2h
on MSN
Rescinding US EV tax credit would cede ground to China, Granholm says
Cancelling the U.S. electric vehicle tax credit would be counterproductive and cede ground to car-makers in China, U.S.
1h
Granholm warns that cutting EV tax credits would be ‘ceding’ to China
Energy Secretary Jennifer Granholm warned Friday that President-elect Trump’s reported plans to cut consumer subsidies for ...
3d
on MSN
China Plans to Slash Homebuying Taxes in Fiscal Stimulus
China is planning to cut taxes for home purchases as the government dials up fiscal support to revive a moribund housing ...
2d
China unveils tax incentives to revive struggling property sector
China on Wednesday unveiled tax incentives to support the ailing property sector, which will take effect from Dec. 1 this ...
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2d
China announces tax relief measures to stabilize real estate sector
Individuals either purchasing first residence or second home, as long as the property size does not exceed 140 square meters, ...
2d
China Announces Tax Policies To Boost Property Market
China on Wednesday announced a raft of tax policies aimed at boosting the country's ailing real estate market, state media said, including cuts to property deed taxes and VAT.
Opinion
4h
on MSN
Opinion
The markets could have the final say on Trump’s tax cuts and tariffs
When Trump won the 2016 election, the stock market went on a tear as investors responded favorably to the prospect of tax ...
LIVE
6h
China’s tax man is coming for live-streamers who evade taxes as local economies struggle
Huge fines are being imposed on high-profile internet celebrities and streaming hosts, as state authority says they must set ...
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