Day: March 17, 2023

In early March, the Hubei province joined forces with many car companies to launch a government-enterprise subsidy policy, which means that whilst enjoying the price reductions from car companies, car buyers can also receive government subsidies ranging from RMB$5000 to RMB $90000. According to the Chinese media, many car companies in Hubei province are participating, with Wuhan-based Dongfeng Group, China’s second-largest car manufacturer being the main supporter. The Citroen C6, originally priced at RMB$

Chinese President Xi Jinping is set to travel to Moscow next week to meet with Russian counterpart Vladimir Putin.

The lifting of pandemic restrictions, quantitative easing, and national policies favouring economic rebound – any of these can be great news for a marketplace. But when combined, they can be even more powerful. With these benefits in mind, the Chinese government hoped that its real estate market would quickly rebound. Bank loans were also eased to encourage people to buy housing. How could the housing market in China not prosper? However, the situation is the opposite of what was expected. Numerous homes h