Another Example of China Using VAT Rebates as an Economic Strategy
China spurs exports by giving VAT rebates to certain industries and products. It also curtails exports by denying VAT rebates. “Why would they ever
China spurs exports by giving VAT rebates to certain industries and products. It also curtails exports by denying VAT rebates. “Why would they ever
DALIAN, China — The plan here seems far-fetched — a $36 billion tunnel that would run twice the length of the one under the English
Dan DiMicco comments on an article that appeared in the January 9th issue of the NYT by Dionne Searcey: [Reposted from the blog of Dan
Despite all the much-heralded talk of the rebirth of manufacturing, a new report suggests that the trend may be vastly overstated [Reposted from The Guardian
The “manufacturing renaissance” narrative in some circles is simply untrue. And possibly harmful to smart policy going forward. The Information Technology and Innovation Foundation
WASHINGTON — New Senate Majority Leader Mitch McConnell (R-Ky.) pledged Wednesday to move full speed ahead to give President Barack Obama so-called fast track authority
WASHINGTON — President Obama is facing opposition from fellow Democrats to one of his top priorities: winning the power to negotiate international trade agreements and
China retains an active value-added tax (“VAT”) rebate program for exports. [Reposted from Textiles and Trade | David Trumbull | January 6, 2015] China’s Ministry
I’m glad to see mainstream newspaper reporters accurately report that the trade deficit is a drag on growth. While the November trade deficit was
More wrong-headed rhetoric on trade deals to nowhere! [From the blog of Dan DiMicco | Dan DiMicoo | January 8, 2015] Every past deal has