Cyrus Lee

Cyrus Lee is a Hong Kong-based writer.

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VAT reform on China's telecom carriers delayed

VAT reform on China's telecom carriers delayed

China's plan to impose a value-added tax (VAT) on telecom services since April will reportedly be postponed. This will be slight relief for carriers, whose profits worth of tens of billions yuan will be dented once it is implemented.

April 4, 2014 by in Telcos