China Subsidy for Rat-Proof Refrigerators Feeds Appliance BoomShare Business ExchangeTwitterFacebook| Email | Print | A A A
By Wing-Gar Cheng
May 11 (Bloomberg) -- Yang Shibo, a 50-year-old farmer in China’s Shandong Province, bought a refrigerator to keep vermin away from his family’s meat and vegetables. The government eased his purchase by knocking 13 percent off the price.
“We see a lot of rats running around, they run around on the ceilings, they eat our food,” Yang, who grows peanuts, said as he swatted flies in his kitchen. “We didn’t have a fridge before. It’s much more convenient now.”
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