Raw sugar is blown into a warehouse. Chinese sugar imports for the first year will now be subject to a hefty 95 per cent tariff, a 45 per cent increase, which will decline to 90 per cent and later 85 per cent in the two subsequent years. Photo: Jack Kurtz

China doubles tax on a third of sugar imports

Oversupply overseas and currency depreciations of major exporting countries makes domestic China sugar 50pc more expensive than imported

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Raw sugar is blown into a warehouse. Chinese sugar imports for the first year will now be subject to a hefty 95 per cent tariff, a 45 per cent increase, which will decline to 90 per cent and later 85 per cent in the two subsequent years. Photo: Jack Kurtz
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