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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: longnshort who wrote (16031)1/4/2007 2:01:54 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 71588
 
No.

And, they have had a corporate tax system for several years that had a *lower* tax rate on FOREIGN companies doing business in China then the rate for Chinese enterprises.

This first step LOWERS the corporate tax rate on CHINESE companies so foreign companies no longer have a more favorable rate.