VAT Reduction Causes Chinese Soybean Imports to Decline in April Chinese soybean imports fell to only 6.9 MMT last month, down 13.7 percent from April 2017 and less than analysts’ projections of about 8.5 MMT. The main cause of the decline was a reduction in the value-added tax (VAT) on soybeans from 11 percent to 10 percent as of 1 May 2018. Several importers apparently delayed discharging shipments until after that date as they could save close to $300,000 in VAT payment per shipload by doing so, an amount enough to cover several days of ship demurrage. China’s soybean imports during January-April totaled 26.49 MMT, down from 27.54 MMT in the same period of 2017. However, imports in May are expected to be higher than last ye...
Fabiana is a genus of flowering plants in the nightshade family, native to dry slopes in western South America.[1] They are evergreen shrubs or subshrubs,[1] with needle-like leaves and profuse tiny tubular flowers in summer. The common name is false heath because the leaves superficially resem...
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A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
From WPI Consulting
Like all marmots
An adult Vancouver Island marmot typically measures 65 to 70 centimetres (26 to 28 in) from the tip of its nose to the tip of its tail.