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PAXGUSDT
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China cancels the tax exemption on gold trading, disrupting global markets
In a surprise that shook global markets, China has decided to abolish the tax exemption on gold trade, marking the beginning of a new phase of economic policies aimed at controlling liquidity and boosting revenues. The decision of the "Chinese dragon" raises questions about the future of the yellow metal globally, and the stability of the Chinese yuan domestically.
After years of encouraging gold purchases through excessive tax exemptions, Beijing has officially announced the impos
View OriginalPAXGUSDT
always
3,980.27
-0.68%
China cancels the tax exemption on gold trading, disrupting global markets
In a surprise that shook global markets, China has decided to abolish the tax exemption on gold trade, marking the beginning of a new phase of economic policies aimed at controlling liquidity and boosting revenues. The decision of the "Chinese dragon" raises questions about the future of the yellow metal globally, and the stability of the Chinese yuan domestically.
After years of encouraging gold purchases through excessive tax exemptions, Beijing has officially announced the impos

