Under pressure from its trade partners, the Chinese State Council announced it will lower tariffs on some consumer goods ranging from computers to textile products. The tariffs under category one will be lowered to 13% from 15% and those under category two will be lowered to 20% from 25%, according to an official statement. The adjustment […]
Tag: Chinese State Council
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Banks to cut corporate loan interest rate by 1%: Li Keqiang
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