China Dangled Rebates to Lure People to Spend. It’s Not Enough.

China Dangled Rebates to Lure People to Spend. It’s Not Enough.

The New York Times - Business:

China’s leaders vowed to kick-start spending by offering subsidies for households to buy cars and appliances. But many consumers aren’t biting.

This post first appeared in The New York Times - Business. Read the original article.