China expands instant tourist VAT refunds
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
China has expanded its instant tourist value-added tax (VAT) refund system, making it easier for visitors to receive refunds. The move is expected to boost sales, with some data suggesting a significant increase in refunds over the past year. The expansion is part of broader changes to china's vat system, although details of the changes are not entirely clear.
Full coverage
12345678