Trivium Neopol - Econ and Finance | Trivium China 18 May 2022

Killing two birds with one stone

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The central government is looking to launch a new program in early June to subsidize rural car purchases, the Securities Daily (CS) scooped on Tuesday.

The deets (CS):

A subsidy of RMB 3,000-5,000 will apply to every car bought for less than RMB 150,000.Some experts predict this program could...


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