China Ming Yang Wind Power (MY) Sees No Impact From Chinese Government Subsidy Cut
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China Ming Yang Wind Power Group Limited (NYSE: MY) today reiterated that the Company is committed to continuous innovation, and does not see any impact from a proposed subsidy cut by the Chinese Government.
According to news agencies Reuters and Bloomberg, the Chinese Government has now agreed to stop providing a subsidy for Chinese wind turbine generator manufacturers and component suppliers endorsing home-made parts for new products.
According to news agencies Reuters and Bloomberg, the Chinese Government has now agreed to stop providing a subsidy for Chinese wind turbine generator manufacturers and component suppliers endorsing home-made parts for new products.
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