Beijing renews trade-in subsidy scheme amid domestic car market’s gloomy outlook
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Source: South China Morning Post
Published: 2025-12-31 19:30 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Transport, Asia, Economy & Finance, China, Financial Markets, Trade & Sanctions, Business & Economy, Asia Pacific
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Snippet:
Buyers who replace their petrol and electric cars with new vehicles will receive a cash subsidy of up to US$2,858 per unit
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