Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

$22 billion tax cut for Chinese buisness

by Tony Sagami on September 5, 2008

in General

Chinese leaders are unhappy with anything less than a double-digit economic growth rate.

That is why it unveiled a new economic stimulus plan that gives $22 BILLION of taxbreaks to Chinese business to invest in factories, machinery, and equipment.

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