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MOFCOM Says China Has Halved its Import Tariff on Laptops, Cameras, Etc.

China's Ministry of Commerce reports that China has slashed its import tariff on some electronic products, such as laptops and digital cameras, by 50 percent, benefiting multinational companies, including Hewlett-Packard Co (HP) and Dell Inc, and stimulating their sales in…

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the world's fastest-growing IT market. According to a statement posted on the Ministry of Finance's website on Thursday, the import tariff on computers, digital video recorders and cameras will fall from 20 percent to 10 percent starting Jan 27.