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Monday, August 15, 2022

China Rubber Industry Urges Scrap of 20% Import Tax: Bus. Daily

The industry made the suggestion to National Development and Reform Commission at a meeting to cancel the 20% import tax of natural rubber, National Business Daily reports, citing unidentified people.

* China imports as much as 90% of its natural rubber demand from overseas, the report cites unidentified people from tire companies as saying.

Source: Bloomberg

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