Mar. 21 – On March 7, 2012 China issued a new circular clarifying the government’s updated duty policy for imports of major technical equipment

From April 1, 2012, the existing regulations governing such imports of technical equipment – namely caiguanshui [2010] No. 17, caiguanshui [2010] No. 50, and caiguaishui [2011] No. 45 – will cease to be in effect. These will be replaced by the relevant documents indicated in the new Circ... Continue