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China unlikely to replace expired home appliance subsidy, ChinaScope says

China announced the expiration of a one-year subsidy for buyers of energy-efficient home appliances and the nation will not introduce any new similar subsidies this year, according to reliable sources, said ChinaScope Financial. The Fly notes that shares of appliance maker Whirlpool are up 1.3% in early trading, out-pacing the broader market.