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Examples
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In SHANGHAI , metals stocks tumbled because of a report that China may scrap export-tax rebates on more commodities.
World Stocks Gain Ground Simon Kennedy 2011
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Just a few months after she came into office, Mrs. Kirchner became embroiled in a battle with farmers over an export-tax increase, which coupled with the global recession, sapped much of her support.
Ex-Argentine President N Matt Moffett 2010
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Just a few months after she came into office, Mrs. Kirchner became embroiled in a bruising battle with farmers over an export-tax increase, which coupled with the global recession, sapped much of her support.
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In Shanghai, the market continued to mull the impact of Beijing's decision to remove export-tax rebates on steel products.
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China will continue its export-tax rebate policy and extend through the end of next year a policy that lets companies in distress postpone social-security payments.
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Mr. Chen said the government will further ease the burden on exporters, but he declined to say whether it will increase export-tax rebates to help exporters cut costs.
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Mr. Xu added that Beijing will likely raise export-tax rebates on more products and ease trade financing but is unlikely to use a weak yuan as a tool to help exporters.
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The state-run Xinhua News Agency on Sunday cited Vice Commerce Minister Zhong Shan as saying the government will increase export-tax rebates for certain products, based on the economic situation, to stabilize the export sector.
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The government often adjusts the size of export-tax rebates for different types of goods when it wants to encourage or discourage growth in particular industries.
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The Cabinet said it will also raise the export-tax rebates on some goods yet again, and expand a government-run fund to support exporters.
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