Will cancellation of aluminium tax rebate affect exporters?

"The cancellation of tax rebate for aluminium products will lift costs of exporters, curbing their interest in shipping cargoes abroad," analysts at consultancy Shanghai Metals Market (SMM) said in a note on Saturday. Almost all the aluminium products exported by China will be affected by the tax change.

Why is China reducing fuel export tax rebates?

The reduction of tax rebates for fuel exports comes as China grapples with excess refining capacity as well as lacklustre and volatile domestic demand. "This is going to hit (refined fuel) export margins," a state oil official said, estimating margins would fall by 200-300 yuan ($27.62-$41.43) per ton.

Will China's new copper tax rebates help exports of low-value-added copper products?

The previous tax rebates had encouraged exports of low-value-added copper products, which was "equivalent to wasting valuable imported resources", Zhao said. China is a big importer of copper ore. "It will definitely accelerate the integration of copper fabricators, eliminating some out of the market," Zhao added.

Will a downward tax adjustment affect solar module prices?

For the solar sector, which is struggling with overcapacity, the downward tax adjustment could result in a 0.02-0.03 yuan-per-watt increase in solar module prices for overseas buyers, Citi analyst Pierre Lau said in a note.