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Latest China Growth Stimulus Measures Win-Win for Suppliers, Buyers

Aug. 16 – Buyers sourcing in China can expect marginally shorter delivery lead times and perhaps more competitive prices from suppliers as fresh government measures to stimulate growth take effect. Announced by the State Council on July 24, 2013, the measures are targeted at SMEs, which are most impacted by the slowdown in manufacturing and exports. Dubbed as “mini stimulus” for the tight focus, the package has a three-prong approach. The state-owned Xinhua news agency said two of these measures are “designed to provide small businesses with a badly needed liquidity lifeline.” Under the first measure, micro firms, or businesses … Continue reading

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