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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (1160)	10/28/2003 12:05:16 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

Tax Changes May Slow Export Tide From China By CHRIS BUCKLEY Published: October 28, 2003 EIJING, Oct. 27 - China's juggernaut export growth has continued to defy a chorus of complaints from American manufacturers and politicians, but perhaps changes coming in China's tax rules will take a bit of the momentum away. The changes, which take effect on Jan. 1, cut the rebates on tax payments that businesses can claim for goods sold abroad and may raise the price of many Chinese-made consumer goods, including clothes, toys and electrical appliances. No one thinks that the cuts will halt China's prodigious trade growth, but many economists foresee a palpable slowing of that growth, especially among low-end manufactured goods. Export businesses in fiercely competitive industries said that the cuts might erase already thin profit margins and imperil smaller manufacturers that are short of cash. nytimes.com