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[-] RedDawn@hexbear.net 28 points 3 weeks ago

What does “zero-tariff treatment for 100 percent tariff lines” mean?

[-] miz@hexbear.net 20 points 3 weeks ago* (last edited 3 weeks ago)

I found the story in Chinese, let's see if that sheds some light.

https://www.yidaiyilu.gov.cn/p/0V7IMLPR.html

自12月1日起,中国给予包括33个非洲国家在内的所有同中国建交的最不发达国家100%税目产品零关税待遇,成为实施这一举措的首个发展中大国和世界主要经济体。不少非洲人士表示,中国此举顺应全球南方国家发展需求,彰显大国担当,以实际行动同世界各国共享发展机遇,真正做到让发展成果更多惠及各国人民。

machine translation says

Since December 1, China has granted zero tariff treatment to 100% of tariff items of all the least developed countries that have established diplomatic relations with China, including 33 African countries, becoming the first major developing country and the world's major economy to implement this measure. Many Africans said that China's move conforms to the development needs of the global South countries, demonstrates the responsibility of a major country, shares development opportunities with countries around the world with practical actions, and truly makes the fruits of development benefit more people of all countries.

EDIT: to add to this, here's a Global Times article with a corroborating headline, however the article text makes the same mistake above

China to give least developed countries zero-tariff treatment

[-] RedDawn@hexbear.net 5 points 3 weeks ago
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this post was submitted on 03 Dec 2024
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