andrew forrest

China mulls tax on resources

China mulls tax on resources

China is taking steps towards imposing a resources tax for the first time, countering assertions by the mining magnate Andrew Forrest at a rally in Perth yesterday. Mr Forrest, chief executive of the iron ore miner Fortescue Metals, held up China as an exemplary economy that was turning its back on communism by lowering resources taxes. ”In China right now there’s a fierce debate...

Read More