The removal of export rebates will also impact inflows into specialist exchange-traded funds, reflecting a larger risk-on attitude in the market, known as the ‘Trump Trade’ which gained ...
The Export Development Board (EDB) said this week that exporters can now apply for the 5% export rebate, under the government’s stimulus package. “The 5% rebate is applicable to all export sectors.
Effective December 1, the export-tax-rebate rate for 209 products, including some refined oil products, photovoltaics, batteries and certain non-metallic mineral products, will be reduced from 13 ...
China’s Ministry of Finance and State Taxation Administration have announced a reduction in the export tax rebate for photovoltaic products. Starting Dec. 1, the rebate for unassembled solar ...
Last week we noted how China was preparing to remove a key form of support for its steel industry, by removing an export rebate. Without this rebate, smaller, higher-cost Chinese steelmakers will ...
Beijing cut or cancelled export tax rebates on a range of products from batteries to used cooking oil, solar equipment and gasoline. Overseas sales surged ahead of the changes that took effect on ...
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 ...
[SMM Analysis: December Unwrought Aluminum and Aluminum Semis Exports Pulled Back as Expected, Short-Term Export Volume Unlikely to Improve] SMM, January 13, 2025: ...
FOSHAN, China, Dec. 2, 2024 /PRNewswire/ -- On November 15, 2024, China's Ministry of Finance announced changes to the export tax rebate policy, affecting industries including aluminum manufacturing.