China pushing hard on exports

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Looks like at least part of the plan is to push exports via lower prices.

China to Raise Export Rebate for Textiles to 15%, Xinhua Says

by Zhang Dingmin

Feb 4 (Bloomberg) — China will raise export tax rebates for textiles and garments to 15 percent from 14 percent, the Xinhua News Agency reported today, citing a meeting by the State Council.

The move was part of a plan to boost the textile industry, the official news agency said. The council also passed a plan to support the nation’s equipment manufacturing industry, it said.


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