Government widens tax rebate for foreign tourists

China said it will lower the tax rebate threshold for foreigners visiting the country, an effort to boost consumption as Beijing attempts to offset some of the damage of the trade war.

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Tourists who spend at least 200 yuan (900 baht) on the same day at the same store will be eligible for the rebate, according to a joint statement from the Ministry of Finance, the People's Bank of China and other government departments. The maximum rebate amount for cash claims will be incr