Chinese export tax rises from 1 June

Published: Thursday, 31 May 2007

21 May 2007
Ministry of Finance announces 5-15% export tax for magnesite, fluorspar and other minerals and metals

In a long anticipated move, China’s Ministry of Finance (MoF) today announced that export taxes ranging 5-15% would be implemented for exports of minerals, metals, and steel products from 1 June 2007.

Minerals known to be affected include magnesite, dead burned magnesite, and fluorspar, whose export taxes will...

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