CORRECT(10/25): China Fin Min: Not Heard Of New VAT Cut Starting Next Year -2-

Published: 27 Oct 2008 19:36:56 PST

China Finance Minister Xie Xuren said Saturday he hadn't heard of plans to introduce a value-added tax cut totaling around CNY150 billion starting next year.

("China Fin Min: Not Heard Of New VAT Cut Starting Next Year," published at 0944 GMT, omitted the size of the rumored tax cut in the headline and first paragraph.)