China Cabinet announces Car Tax Cut
https://news.cgtn.com/news/2022-05-23/China-to-take-concrete-measures-to-bring-economy-back-to-normal-1ahbhy7U5fq/index.html
China will also relax the purchase restrictions on automobiles and reduce some passenger car purchase taxes by 60 billion yuan in given periods as one of the measures to promote consumption.
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By: via @AlliesFin Serve Stock Market
