The Chinese government on Wednesday announced a modest package of economic stimulus measures, the latest sign of concern by Beijing that growth may be slowing more than expected.
The State Council, China’s cabinet, decided at a meeting to extend tax breaks for small and very small enterprises through 2016 and said it was considering a significant broadening of those breaks.
The council also gave a strong hint that it was preparing a broader response to recent signs of economic weakness, which have included lackluster business orders, industrial production and investment.
Read Full Article HERE
Keith Bradsher, New York Times via CHINA US Focus http://ift.tt/1pVUEQx
No comments:
Post a Comment