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Article: BRIEFING - ASIA ENERGY - JAN 16, 2009.
- Article from:
- AsiaPulse News
- Article date:
- January 16, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on energy for Jan 16, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
CHINA UNVEILS STIMULUS PACKAGE FOR AUTO AND STEEL SECTORS
BEIJING - China has issued measures to prop up its ailing auto and steel industries and is expected to unveil support moves for eight more sectors including shipbuilding, petrochemicals and textiles in the coming days.
With domestic auto sales growth falling to a 10 year low in 2008, the State Council on Wednesday cut sales tax from 10 per cent to 5 per cent for cars with engines of less ...