China pledges support for trade sector to help economy

China plans to give more of its importers subsidised loans as part of wider efforts to shore up the trade sector and support the world's second-largest economy, the Chinese cabinet said on Wednesday after a weekly meeting. Hurt by anaemic foreign and domestic demand, China's trade sector has undershot the government's target of growing the value of Chinese imports and exports by 6 percent this year. To stoke activity, the State Council said it will increase the disbursements of subsidised loans