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To: muzosi who wrote (177268)3/18/2004 10:27:34 PM
From: Amy J  Respond to of 186894
 
muzosi and Thread, "U.S. files China complaint at WTO"

"China gives its domestic producers an unfair advantage in the $19 billion Chinese semiconductor market, by providing substantial rebates on a 17 percent value-added tax.
...
However, Chinese semiconductor companies, which receive a rebate of about 80 percent on the tax, faced an effective rate as low as three percent, U.S. trade officials said."

edition.cnn.com