The Globe and Mail China said on Wednesday it will pay export tax rebates faster and grant more loans to exporters, as well as increase export credit insurance to small companies, in the latest move to prop up growth in the world’s second-largest economy. > Read...
China Daily The State Council, China’s cabinet, approved on Wednesday a raft of measures to stabilize growth in foreign trade. The government will speed up the process of export tax rebates for companies and make sure payments are given accurately and timely,...
China Daily China’s economy is in the process of soft landing and the International Monetary Fund supports policy easing by the government to stabilize growth in the world’s second largest economy, IMF Deputy Managing Director Zhu Min said Tuesday. >...
Bloomberg Chinese Premier Wen Jiabao said the nation has full confidence it will meet its economic goals for the year and signaled there’s more room for fiscal and monetary policy to support growth. “Be it monetary or fiscal, we still have ample strength,” Wen said...
Reuters China will order its dominant electricity distributors to source up to 15 percent of their power from renewable energy including wind, but slow compliance means it may be years before the country’s struggling wind power developers benefit, industry...