China rubber industry urges lower import tariffs

Newswire

BEIJING, Aug 19 (Reuters) - China's rubber industry has urged the government to cut rubber import tariffs from 20 to 12 percent to cool overheated domestic prices, a senior industry official said on Tuesday. "The industry shares the view that we should have a bigger import quota and the tariff should be lower," Fan Rende, secretary general of the China Rubber Industry Association, told Reuters. Fan said domestic natural rubber production could only meet one third of demand of 1.5 million ...

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