China announces new tax exemption, encourages companies like Apple to continue investment<div class="feat-image">
</div><p>China has today shared that it will be offering a temporary tax exemption for foreign companies. This news comes a week after the
US tax overhaul passed through Congress.</p>
<p>
The New York Times reports that China announced the new tax break for foreign companies, but with limited details. The exemption will be retroactive from January 1, 2017.</p>
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China announces new tax exemption, encourages companies like Apple to continue investment