China Tax Authorities Rattle Metal Market With Invoice Crackdown
A sweeping crackdown by China’s tax authorities is rattling traders in the world’s biggest metals market, with many firms grappling with severe reductions in invoicing quotas that underpin their trading...
By Julian Luk, Winnie Zhu, Alfred Cang · Bloomberg Markets
A sweeping crackdown by China’s tax authorities is rattling traders in the world’s biggest metals market, with many firms grappling with severe reductions in invoicing quotas that underpin their trading activities.