Comments on: New China Export Rebate Sure to Fuel the Trade Wars http://agmetalminer.com/2009/06/10/new-china-export-rebate-sure-to-fuel-the-trade-wars/ Sourcing & Trading Intelligence for Global Metals Markets Sun, 14 Mar 2010 00:12:05 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: admin http://agmetalminer.com/2009/06/10/new-china-export-rebate-sure-to-fuel-the-trade-wars/comment-page-1/#comment-10040 admin Fri, 12 Jun 2009 01:02:25 +0000 http://agmetalminer.com/2009/06/10/new-china-export-rebate-sure-to-fuel-the-trade-wars/#comment-10040 I think part of the problem is that "partial" rebate in China can only be had by exporting. So in effect it creates an export incentive only. And yes, xenophobia is very unattractive but seems to be gaining in stature here! LAR I think part of the problem is that “partial” rebate in China can only be had by exporting. So in effect it creates an export incentive only. And yes, xenophobia is very unattractive but seems to be gaining in stature here! LAR

]]> By: Bjorn http://agmetalminer.com/2009/06/10/new-china-export-rebate-sure-to-fuel-the-trade-wars/comment-page-1/#comment-10038 Bjorn Fri, 12 Jun 2009 00:54:24 +0000 http://agmetalminer.com/2009/06/10/new-china-export-rebate-sure-to-fuel-the-trade-wars/#comment-10038 Few people seem to understand the Chinese export rebate system. China has a different VAT system compared to Europe. In my country Sweden the VAT deduction rules for companies are far more beneficial as companies are allowed to deduct 100% of the VAT, where as in China companies are only allowed to deduct a part of it. No one is rustling about boycotting Swedish steel exports are they? US power play and xenophobia in an unattractive mix! Few people seem to understand the Chinese export rebate system. China has a different VAT system compared to Europe. In my country Sweden the VAT deduction rules for companies are far more beneficial as companies are allowed to deduct 100% of the VAT, where as in China companies are only allowed to deduct a part of it. No one is rustling about boycotting Swedish steel exports are they? US power play and xenophobia in an unattractive mix!

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