China Launches New Tax Cuts Plan

China's has announced plans on reforming the nation's taxation system, including cutting value-added tax (VAT). As said in a statement made public at an executive meeting of the Chinese State Council chaired by Premier Li...

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EU and Japan Sign Free Trade Agreement

The European Union(EU) and Japan signed an agreement on tariff reduction on Tuesday. According to the deal, 99 percent of the tariffs on Japanese...