Analytics

China Wants Everyone to Trade In Their Old Cars, Fridges to Help Save Its Economy

Bloomberg reports that China’s world-beating electric vehicle industry, at the heart of growing trade tensions with the US and Europe, is set to receive a big boost from the government’s latest effort to accelerate growth.
China Wants Everyone to Trade In Their Old Cars, Fridges to Help Save Its Economy
That’s one takeaway from what Beijing has revealed about its plan for incentives that will encourage Chinese businesses and households to adopt cleaner technologies. It’s widely expected to be one of this year’s main stimulus programs, though question-marks remain — including how much the government will spend. Four months after President Xi Jinping flagged a proposal to help households and... ...

leave a comment

Similar news

The Dollar’s Dominance, Explained
  • 03.05.2024
  • 11

The Dollar’s Dominance, Explained

World Economy Looks to Dodge Stagflation Rut as Outlook Perks Up
  • 03.05.2024
  • 2

World Economy Looks to Dodge Stagflation Rut as Outlook Perks Up

China In Digitalizing Food Security
  • 29.04.2024
  • 189

China In Digitalizing Food Security

Why the US Dollar Is Causing Chaos Across Asia
  • 29.04.2024
  • 150

Why the US Dollar Is Causing Chaos Across Asia

Why the World Needs More Copper — a Lot More Copper
  • 29.04.2024
  • 104

Why the World Needs More Copper — a Lot More Copper

Japan Tightens Export Controls on More Chip and Quantum Tech
  • 29.04.2024
  • 7

Japan Tightens Export Controls on More Chip and Quantum Tech

Last news

Infographics: Trade relations between Uzbekistan and the EAEU in January-March 2024
  • 03/05, 09:25
  • 258

Infographics: Trade relations between Uzbekistan and the EAEU in January-March 2024

Europe’s Economy Shows Signs of Life
  • 03/05, 09:16
  • 6

Europe’s Economy Shows Signs of Life

Infographics: Uzbekistan's trade with CIS countries in January-March 2024
  • 02/05, 08:40
  • 462

Infographics: Uzbekistan's trade with CIS countries in January-March 2024

Economic Development of Uzbekistan in Q1 2024
  • 30/04, 14:50
  • 200

Economic Development of Uzbekistan in Q1 2024

Infographics: Uzbekistan's trade with Central Asian countries in January-March 2024
  • 30/04, 09:00
  • 280

Infographics: Uzbekistan's trade with Central Asian countries in January-March 2024

Better Risk Data Should Boost Confidence In Emerging Markets
  • 29/04, 10:14
  • 153

Better Risk Data Should Boost Confidence In Emerging Markets

Infographics: Uzbekistan's foreign trade for January-March 2024
  • 29/04, 09:30
  • 747

Infographics: Uzbekistan's foreign trade for January-March 2024

Trump Advisers Discuss Penalties for Nations That Move Away From the Dollar
  • 26/04, 15:47
  • 23

Trump Advisers Discuss Penalties for Nations That Move Away From the Dollar