China Imposes Sales Tax on Condoms Amidst Efforts to Boost Birthrate
13 hours agoBusiness
38LENS
1 SourcesBeijing, China
TBNthebalanced.news
China Imposes Sales Tax on Condoms Amidst Efforts to Boost Birthrate

China will implement a 13% sales tax on condoms starting January 1, while exempting childcare services. This move comes as the country seeks to boost its falling birthrate after decades of a one-child policy, introducing various incentives to encourage citizens to have more children.

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