Negotiations in Bonn were dominated by arguments over who should be responsible for financing a ‘just transition’ to a clean energy-powered economy.
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2nd LD-Writethru-Economic Watch: China extends preferential purchase tax policy for NEVs
China will extend its preferential purchase tax policy for new energy vehicles (NEVs) to the end of 2027 as part of the efforts to continue to support the industry, Chinese authorities have said.
China Rolls out $72 Billion in Tax Breaks for New-Energy Vehicles Over Next Four Years
By Bingyan Wang China on Wednesday unveiled a $72 billion package of tax breaks aimed at boosting the purchase of electric vehicles over the next four …
China Extends EV Tax Breaks For 4 More Years: What This Means For Tesla, BYD, Nio And Others
China imposes a standard purchase tax rate of 10% on vehicles. According to a report, Xu Hongcai, Vice Minister of Finance, stated at a press conference that the vehicle purchase tax exemptions will …
Breaking News | Finance Minister Ishaq Dar Important Meeting | GNN
Islamabad: President Dr. Arif Alvi Wednesday approved the appointment Justice Qazi Faez Isa as the Chief Justice of Pakistan (CJP) of Supreme Court, GNN reported. According to details, the appointment …
Hong Kong stocks hit by worst sell-off in 4 weeks with Beijing ‘behind growth curve’ while Nio jumps on fund purchase
Hong Kong stocks slumped towards the worst sell-off in almost four weeks as confidence among investors waned given China’s limited stimulus to shore up its faltering economic recovery. Nio advanced …
Analysis-China to Tread Warily on Easing as Concerns Over Impact on Banks Mount
China’s central bank is likely to cut lending rates further in a bid to revive the economy but reluctance among private firms and households to borrow means continued policy easing could end up …
China announces extension of purchase tax break on NEVs until 2027
China on Wednesday announced an extension of a purchase tax break on new energy vehicles (NEVs), a new pillar of the economy whose muted recovery has seen market watchers calling for more stimulus.
China extends preferential purchase tax policy for NEVs
China will extend its preferential purchase tax policy for new energy vehicles (NEVs) to the end of 2027, Chinese authorities have said. Purchase tax will be exempted for NEVs bought in 2024 and 2025, …
Banks cut China’s GDP growth forecasts, while Beijing cuts rates (and censors)
Data from the National Bureau of Statistics for May have set off immediate alarm bells among international financial institutions. The gloomy post-COVID economic outlook is worrying a population still …
LARRY KUDLOW: Blinken’s talks with China were another disastrous setback
FOX Business host Larry Kudlow breaks down Secretary of State Antony Blinken’s talks with Chinese President Xi Jinping during his China trip on “Kudlow.” …
China publishes white list of deep fake providers to preserve national security and ‘core socialist values’
CAC lists owners of 41 algorithms, including Chinese tech giants, that filed to comply with deep synthesis regulation.
The U.S.’s top diplomat follows Elon Musk, Jamie Dimon, and Bill Gates to Beijing
Beijing, meanwhile, seemed to have a different rationale for re-engaging with the U.S.: the need to steady its faltering post-COVID economic and address youth unemployment that’svover 20%. (Xi even …
