has anyone heard ？, page-8

https://www.internetretailer.com/2016/02/25/china-changes-tax-rules-purchases-overseas-e-retailers

No biggy guys.  Daigou's often ship baby formula in a box with 3 cans.  Let's say each can costs $30 = $90 for the box.

Under existing rules they would have to pay a duty 10% worth of the products = $9.

New changes waives the import duty and applies a sales tax of 11.9%.  Thus the new cost is $10.71, an increase of only $1.71.

Note aswell. "They also allow the sale, up to the limit for personal use—1,000 yuan today and 2,000 yuan when the new rules take effect in April—of goods that have not been authorized for sale in China, as long as they have been found safe in their home country. That’s a big deal for sellers of products like cosmetics and food that can take years to gain approval from the Chinese government for domestic sale".

I see this benefiting other companies such as BKL and BWX.