China Cuts Import Tax for Computers, Digital Products
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China halved its import tax for some electronics products such as personal computers, paving the way for companies including Apple Inc. and Hewlett-Packard Co. to boost sales in the world’s fastest-growing major economy.
Import duties for computers, digital video recorders and cameras will be reduced to 10 percent from 20 percent from today, according to a statement posted on the Ministry of Finance’s website today.