| Abstract: | China detailed its revitalization plan for light industry and,in the meantime,hiked subsidies for auto and home appliance replacement to further tap into consumers' wallets.China's fiscal revenue continued to drop,recording a year-on-year 13.6-percent plunge in April.The country's overseas financial assets increased despite the global economic downturn,but analysts warned China should stop buying U.S.securities.A Brazilian oil giant inked an oil-for-loan agreement with China due in part to the latter's heal... |
