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 ...
China’s Ministry of Commerce announced that as of October 22, 2025, applications for the national vehicle trade-in subsidy program have surpassed 10 million. Among them, more than 3.4 million ...
WASHINGTON/BEIJING (Reuters) - U.S. negotiators have tempered demands that China curb industrial subsidies as a condition for a trade deal after strong resistance from Beijing, according to two ...
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