Wednesday, 20 April 2011
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China Tax Move Seen Failing to Slow Industrial Corn Consumption
China's removal of tax benefits for industrial corn processors won't significantly slow growing consumption, researchers including the China National Grain & Oils Information Center said. Companies had anticipated the government's move and took steps to mitigate the impact, analyst Li Xigui of the state- owned researcher said today in a report. Even without tax deductions the industry is still
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