China Plans Tax Relief of Over $21 Billion to Lift Economy

Bloomberg Markets and Finance published this video item, entitled “China Plans Tax Relief of Over $21 Billion to Lift Economy” – below is their description.

China will offer more than 140 billion yuan ($21.1 billion) in tax relief to companies and consumers as the government seeks to offset the heavy impact of coronavirus lockdowns on its economy. Meanwhile, US President Joe Biden said he’ll review Trump-era tariffs imposed on imports from China. Kathleen Hays reports on “Bloomberg Daybreak: Australia.”

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