China Telecom: Beijing Introduces VAT; Old News

[at Barrons.com] – Hong Kong listed shares of China Unicom (CHU) sank 4% mid-day, China Telecom (CHA) fell 2.3% and China Mobile (CHL) was down 2.2%. Basic telecom services will be taxed at 11% and value-added services at 6%. Basic telecom services seem more

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