China Said to Lift Tax on Smaller Cars to 7.5% Through 2017
Traffic flows on a highway in Beijing, China. (Photographer: Danfung Dennis/Bloomberg News)

China Said to Lift Tax on Smaller Cars to 7.5% Through 2017

(Bloomberg) -- China will raise the sales tax on small cars to 7.5 percent, curbing an incentive that has propped up the auto industry, which is heading for its 26th consecutive annual expansion, a...
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