China has adjusted its cash-for-clunkers program that could impact lower-priced brands such as BYD Co., potentially reducing the boost to new car sales next year. Customers buying a qualifying new ...
China has revised its national vehicle trade-in subsidies for 2026, lifting the spending threshold for the highest rebate and reducing support for lower-priced manufacturers, reported Bloomberg. Under ...
Concern that China’s subsidies caused a flood of cheap imports was what started the U.S.-China trade war in the first place, but subsidies were not mentioned even once when President Trump announced ...
Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook BYD and Black Myth: Wukong co-branded car Credit: TechNode China’s Ministry of Commerce announced ...
As geopolitics increasingly eclipse geoeconomics, subsidies and their policy equivalents are on the rise. While subsidies may benefit the domestic economy, they risk harming other countries, creating ...
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