subsidy scheme

New Business

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

With a renewed focus on expanding demand this year, China has revamped its consumer products trade-in programme, and doubled down…

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New Business

Apple’s pricey iPhones out of China’s new subsidy scheme as ceiling capped at US$818

Apple’s latest iPhone models are mostly excluded from China’s new subsidy scheme for boosting domestic consumption, giving domestic smartphone makers…

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