Abstract
While the recent export tax rebate rate cut in China creates extra VAT costs that may weaken the competitiveness of export companies in the international market, it also improves firm liquidity position resulting from a timely settlement of tax rebates in arrears.
| Original language | English |
|---|---|
| Pages (from-to) | 60-62 |
| Number of pages | 3 |
| Journal | The Hong Kong Accountant |
| Volume | 15 |
| Issue number | 2 |
| Publication status | Published - 1 Feb 2004 |