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Analysis: Why China’s Tax Revenue Is Falling Even as GDP Jumps

Summary by Caixin Global
Analysis: Why China’s Tax Revenue Is Falling Even as GDP Jumps - The 3.5% drop in revenue can be attributed to factors including falling prices and tax cuts, but a source says that a jump in VAT refunds also plays a role

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Zero Hedge broke the news in United States on Monday, April 21, 2025.
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