The anti-dumping duty rates are set at 39% to 45.7% for Japanese firms including JFE Steel Corp and Nippon Steel Corp, 37.3% for Korean companies and 46.3% for EU firms
India has cut a windfall tax levied on oil companies and kept petrol out of an export levy less than a month after it introduced the two regulations.
The prolonged crisis in the property sector and China's stringent Covid curbs are adding to the pressure that local governments face
Policymakers are likely to defer painful reforms to ensure nothing goes wrong before a 5-yearly meeting of the Communist Party in autumn, when Xi Jinping will likely secure a third term
China's finance minister Liu Kun says tax fee cuts will be larger than last year's 1.1 trillion yuan ($173.56 billion) in reductions