Hong Kong to cut liquor duty rate
HONG KONG, Oct. 16 (Xinhua) -- John Lee, chief executive of the Hong Kong Special Administrative Region (HKSAR), said on Wednesday that starting today, the duty rate for liquor with an import price of over 200 HK dollars (25.74 U.S. dollars) will be reduced from 100 percent to 10 percent for the portion above 200 HK dollars.
The duty rate for the portion of 200 HK dollars and below, as well as liquor with an imp