Slower Growth Seen as China Ends Subsidies

Slower Growth Seen as China Ends Subsidies Play

Feb. 28 (Bloomberg) -- Chinese carmaker BYD may be getting some bad news as it prepares to start selling in the U.S. next year. A planned reduction in government subsidies and a phase-out of interest-rate controls threaten to raise costs for it and thousands of companies across China. Stephen Engle has more on Bloomberg Television's "First Up." (Source: Bloomberg)

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