摘要
TO THE POINT:The Hong Kong and New York listed China Netcom felt early pressure in the new year on news of its diminished telecom sales in 2007.Yet the biggest operator China Telecom came out on top, though barely meeting its year-end targets.China cut the major fuel import duty to cope with a national fuel short- age,while steel export duty was raised again in a bid to curb the export of energy-consuming products.Middle- class breadwinners must report their income from stocks and properties to the tax authorities.Foreign financial institutions will have more access to the Chinese capital market in the new year.
