The lower cosmetics tax rates are intended to encourage Chinese shoppers to spend more on home soil, rather than leaving the country to shop. Photo: SCMP Handout
Julia Hollingsworth
Opinion

Opinion

Across The Border by Julia Hollingsworth

Cuts in make-up tax beautiful in the eyes of US and European brands

China’s reduction or removal of consumption tax on imported cosmetic products set to boost domestic sales

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The lower cosmetics tax rates are intended to encourage Chinese shoppers to spend more on home soil, rather than leaving the country to shop. Photo: SCMP Handout
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