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March 26, 2007

China's Interest Tax Sparks Debate

The Asia Times Online reports:

The interest tax imposed by the Chinese government on personal bank savings has been met with widespread public opposition, a survey reveals.

The survey, conducted jointly by China Youth Daily and QQ.com, revealed that 93.7% of the 6,723 respondents considered the current interest tax "unreasonable".

To read more:

http://www.atimes.com/atimes/China_Business/IC23Cb02.html

Posted at 03:43 PM |

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