China economy: ‘magnitude’ of local subsidies, tax cuts to boost slumping car sales seen as too small

China has rolled out a series of stimulus measures to boost car sales, including purchase tax cuts and subsidies, after sales fell by more than 60 per cent in April.

Share this:

What do you think?

Leave a Reply

Your email address will not be published. Required fields are marked *

Written by Headlines

Mainstream media is often "Fake News." Nevertheless, one needs to see what others are seeing and then read with discernment.

Coronavirus: Shanghai finds three community infections two days after lockdown, raising concerns of resurgence and U-turn

Below 150K Jobs And Everything Soars