china’s traditional manufacturing industries are facing a desperate situation after the government slashed import taxes on some consumer goods,including skincare products and western suits,by more than 50percent on a...china’s traditional manufacturing industries are facing a desperate situation after the government slashed import taxes on some consumer goods,including skincare products and western suits,by more than 50percent on average from June1.Ye tan,a financial commentator,believes it’s bound todeal a heavy blow to domestic manufacturers reliant on low- price strategies. Excerpts of her arguments follow：展开更多
文摘china’s traditional manufacturing industries are facing a desperate situation after the government slashed import taxes on some consumer goods,including skincare products and western suits,by more than 50percent on average from June1.Ye tan,a financial commentator,believes it’s bound todeal a heavy blow to domestic manufacturers reliant on low- price strategies. Excerpts of her arguments follow：
