Not To Be Taken

China's nine ministries have issued a clear "buy Chinese" policy as part of an economic stimulus package, according to the FT's June 17 signed article. The policy stipulates that, in addition to the statutory circumstances in which the procurement of works, goods or services is not to be taken in China or where reasonable commercial conditions are not available, government procurement should be limited to domestic products or services.　　The Chinese government's move will exacerbate tensions with its trading partners and increase the likelihood of a rise in protectionism around the world, the article said. The article also quotes some of the world's leading economists on the matter ...

China's nine ministries have issued a clear "buy Chinese" policy as part of an economic stimulus package, according to the FT's June 17 signed article. The policy stipulates that, in addition to the statutory circumstances in which the procurement of works, goods or services is not to be taken in China or where reasonable commercial conditions are not available, government procurement should be limited to domestic products or services.　　The Chinese government's move will exacerbate tensions with its trading partners and increase the likelihood of a rise in protectionism around the world, the article said. The article also quotes some of the world's leading economists on the matter ...