China's Commerce Ministry is holding a meeting with executives from Auto firms, to optimise the trade-in scheme. To bolster sales using both new and existing policies
China's move to hold a meeting with auto executives signals a proactive approach in boosting domestic sales amid a challenging economic environment.
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Iranian Foreign Minister Araqchi says there is a "wall of distrust" towards the US. Adds, he hopes within next year we will witness the prevalence of diplomacy over war.
China's Commerce Ministry is holding a meeting with executives from Auto firms, to optimise the trade-in scheme. To bolster sales using both new and existing policies
UK PM Starmer's communication director Tim Allan has resigned
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The focus on optimizing the trade-in scheme suggests potential policy support that could stimulate consumer demand for vehicles, which, in turn, may have positive implications for global auto manufacturers and related sectors. This development is crucial as it reflects China's intent to stabilize and grow its economy, potentially affecting sentiment in global equity markets.
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