Business Standard Article RatingChina ends gold tax break, raising consumer costs in key bullion market
- Bias Rating
- Reliability
20% ReliableLimited
- Policy Leaning
10% Center
- Politician Portrayal
-53% Negative
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Bias Score Analysis
The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.
Sentiments
-4% Negative
- Liberal
- Conservative
| Sentence | Sentiment | Bias |
|---|---|---|
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Reliability Score Analysis
Policy Leaning Analysis
Politician Portrayal Analysis
Bias Meter
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Liberal
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Center
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Conservative
-100%
Liberal
100%
Conservative
Contributing sentiments towards policy:
51% : Starting on Nov 1, Beijing will no longer allow retailers to offset a value-added tax when selling gold they bought from the Shanghai Gold Exchange, whether sold directly or after processing, according a new legislation from the Ministry of Finance.39% : Gold's worst rout in more than a decade coincided with a reversal of relentless buying through exchange-traded-funds, which had been on the rise since late May | Image: Bloomberg China is scrapping a long-standing gold tax incentive in a potential setback for consumers in one of the world's top bullion markets.
*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.
