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> WSJ today posted this alarming chart of Chinese consumption-tax revenue... Here's an outline link for that WSJ article: https://outline.com/tH8sWn https://ou
by tivert 8y ago
> WSJ today posted this alarming chart of Chinese consumption-tax revenue...
Here's an outline link for that WSJ article: https://outline.com/tH8sWn https://outline.com/tH8sWn
And here's the passage that describes what goods are affected by that consumption tax:
> Consumption tax in China is imposed on luxury goods such as high-end cosmetics and jewelry, and items deemed environmentally unfriendly, like cars and gasoline.
- NicoJuicy 8y agoSo, probably the only thing that China buys from the West...