China Boosts Pressure on Cities to Ease Car Ownership Restrictions
China Boosts Pressure on Cities to Ease Car Ownership Restrictions
Latest call from State Council comes as the domestic car market heads into second year of contraction
Caixin Global
Caixin Global
China to exempt Tesla cars from 10% purchase tax
China to exempt Tesla cars from 10% purchase tax
BEIJING (Reuters) - China will exempt Tesla Inc's TSLA.O electric vehicles from its purchase tax, the Ministry of Industry and Information Technology (MIIT) said on Friday, a concession made amidst trade tensions with the United States.
Reuters
Reuters
India’s New Steps to Spur Economic Growth Seen Falling Short
India’s New Steps to Spur Economic Growth Seen Falling Short
India’s steps to boost financial market sentiment and support businesses could fall short of shoring up growth in Asia’s third-largest economy.
Bloomberg
Bloomberg
Electric Battery-Maker’s Profits Surge as Subsidy Cuts Loom
CATL made $290 million in the first half, but the good times may not last
Caixin Global
Caixin Global
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China’s Slowdown Deepens in August, Early Indicators Show
China’s economy slowed further in August as weak domestic conditions, intensifying tensions with the U.S. and worsening global trade all combined to undermine the outlook.
Bloomberg
Bloomberg
In Switzerland, the Trade War Is Mixing Up a Painful Cocktail
Donald Trump’s upending of the global trade order is just one part of a triple whammy hitting Switzerland and its exporters.
Bloomberg
Bloomberg