Engineering News by You :: China Agrees to Remove Certain Export Subsidies

Login to EngCom

News Categories

Engineering Drawingboard [Home]Business and Financial Chemical & Process Civil and Structural CMMS Design and CAD Electrical & Process Control Environmental and Life Cycle Health & Safety Manufacturing/Production Mechanical Mining, Oil & Gas Military and Defence Process Improvement Transport Warehousing & Distribution Ryan's Ramblings

Syndicate

Save This Page

Interesting engineering news and general interest to get you through the week.

The Drawing Board - Engineering News with Attitude
- Be Inspired -

China Agrees to Remove Certain Export Subsidies

Clipped to the Drawing Board by Sean

Bowing to American pressure on the eve of high-level talks to reduce economic tensions, China agreed Thursday to terminate a dozen different subsidies and tax rebates that promote its own exports and discourage imports of steel, wood products, information technology and other goods.

The action mostly affects exports by Chinese companies that have foreign investors or are joint ventures with foreign companies. Nearly 60 percent of Chinese exports are produced by these businesses. Also affected were tax breaks that China gives its own companies if they do not import goods themselves.
....click the link to read more

Start a conversation

Add New

RSS

Saturday 1 December, 2007 04:02 PM

< Prev		Next >

[ Back ]

Midweek Trivia

Get this weeks Midweek Trivia!!

(5^th February)

and challenge your workmates.

Find out who knows the most useless trivia.

Others in this Category

Not just cheap labour to Japan For foreign investors, China is yesterday's hero AFGHANISTAN: BEYOND SECURITY ISSUE, THE ECONOMY IS BOOMING Entering The Tiger Cage Europe Delays Changing Rules on Cheap Goods

Your Ad Here

"A good scientist is a person with original ideas. A good engineer is a person who makes a design that works with as few original ideas as possible" - Freeman Dyson