China needs more measures to boost exports

(ECNS, Beijing, 15 January 2015) Zhou Shijian of the China Society for World Trade Organization Studies says China needs another round of decisive measures to put its export growth on a firmer footing in 2015, amid declining demand in major foreign markets... In addition to the enforcement of previous measures such as paying export tax rebates faster, granting more loans to exporters, and increasing export credit insurance to small and medium-sized enterprises, Zhou said China must encourage more use of its currency in international trade, swap arrangements between central banks, bank deposits and bond trades.