China May Take Heat Out of Equities With Tax on Interest Reduction

China is reviewing a proposal to abolish tax on interest to help dampen the booming equity markets. The National Peoples Congress may vote on the measure this week that would axe or reduce the 20 per....

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By: Toni Blake
June 28, 2007
China is reviewing a proposal to abolish tax on interest to help dampen the booming equity markets. The National Peoples Congress may vote on the measure this week that would axe or reduce the 20 per....