South Korean cosmetics firms have taken advantage of the boom in online shopping in China and the tax changes are likely to make their products more competitive on the mainland, according to analysts. Photo: ReutersSouth Korean cosmetics firms have taken advantage of the boom in online shopping in China and the tax changes are likely to make their products more competitive on the mainland, according to analysts. Photo: Reuters
South Korean cosmetics firms have taken advantage of the boom in online shopping in China and the tax changes are likely to make their products more competitive on the mainland, according to analysts. Photo: Reuters

China overhauls tax rules on imported goods sold online, making cosmetics cheaper for buyers

Foreign cosmetics brands among goods likely to be better value for shoppers after changes, says analysts

Topic |   China economy
South Korean cosmetics firms have taken advantage of the boom in online shopping in China and the tax changes are likely to make their products more competitive on the mainland, according to analysts. Photo: ReutersSouth Korean cosmetics firms have taken advantage of the boom in online shopping in China and the tax changes are likely to make their products more competitive on the mainland, according to analysts. Photo: Reuters
South Korean cosmetics firms have taken advantage of the boom in online shopping in China and the tax changes are likely to make their products more competitive on the mainland, according to analysts. Photo: Reuters
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