Chinese gobble up goods as subsidies and trade-ins fuel sales, but can it last?
- Posted on February 22, 2025
- By South China Morning Post
- 3 Views
Chinese gobble up goods as subsidies and trade-ins fuel sales, but can it last?
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.
