Chinese gobble up goods as subsidy scheme, trade-ins fuel consumption, but can it last?

Chinese gobble up goods as subsidy scheme, trade-ins fuel consumption, but can it last?

[South China Morning Post] - 02/22/2025

Millions have applied for subsidies for purchases ranging from smart devices to electric vehicles, and Premier Li Qiang says ‘consumption must be placed in a more prominent position’ to boost economy.



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