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Foreign brands cut prices in China as VAT rates go down
World famous consumer brands including Apple, Louis Vuitton and Gucci have announced their decisions to cut their suggested retail prices to give the gains from China's value-added tax (VAT) cut to consumers.
April02,2019
Companies, consumers to benefit from unprecedented VAT cut
Both companies and consumers in China will benefit from massive VAT cuts that will be implemented next month.
March22,2019
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