Thanks kp88.
The guys at A2's HC thread are going nuts with the news:
http://hotcopper.com.au/threads/real-news-posted-2-hrs-ago.2775309/
I work in the Chinese e-commerce industry, just got an email from the CEO of a partner company:
"AQSIQ says one year grace period will start from today, we expect China customs will now announce this in a formal statement this weekend. Several FTZs have received official announcement from AQSIQ overnight.
Result:
Except tax, nothing will change compared to the regulations as at before April 8.
We expects stocks to rally on the back of somewhat reduced regulatory risk."
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