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Politics : Actual left/right wing discussion
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To: one_less who wrote (3668)10/29/2006 3:13:25 PM
From: Wharf Rat  Read Replies (2) of 10087
 
China limits exports of energy intensive commodities

China plans to increase taxes on exports of metals, oil and steel in an effort to contain excess investment in energy intensive industries, and simultaneously will reduce tariffs for the import of commodities, reported the Finance Ministry in Beijing.
...“These changes are geared to limit export of energy intensive products since the growth of these resources effectively means China is exporting energy, which it lacks”, argued Feng Fei a researcher at the Development and Research Center of the State Council, the Chinese cabinet.
mercopress.com
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