(EnergyAsia, September 6 2010, Monday) — The Chinese government is looking to impose a new tax on the extraction of coal, oil and gas in the country’s poorer western areas to generate revenues to stimulate the economy. Premier Wen Jiabao said the government plans to extend the new 5% price-based tax after it was…
CHINA: New resource tax to boost development of western provinces
Posted on September 5, 2010 by EnergyAsia