Move seen discouraging vicious low-price competition and outsized industry expansions, and Chinese manufacturer profits could take a hit.
China to address world’s overcapacity concerns by cutting export-tax rebate
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SCMP
South China Morning Post (SCMP) is a Chinese English-language newspaper and digital news media outlet founded in 1903, and owned by Alibaba Group. It covers breaking news from China, news updates from Asia, as well as international stories making headlines.