OctaFX | OctaFX Forex Broker
Open trading account

China’s State Council extends subsidies and tax breaks for new-energy vehicle purchases

Late Tuesday, China’s State Council (Cabinet) announced the extensions of the subsidies and tax breaks for new-energy vehicle purchases.

The Council extended subsidies and tax breaks by two years, out to 2022.

These measures were announced to support the producers of electric vehicles in China, as the economy fights hard to curtail the coronavirus impact on the economy.

  • USD/CNH Price Analysis: Impending golden cross could yield flag breakout

EUR/USD Price Analysis: Closing on 1.10 support, bulls need a close above Tuesday's high

EUR/USD is closing on the psychological support of 1.10, having faced rejection near 1.1040 in early Asia. The pair created a long-tailed hammer candl
Read more Previous

Jim Rogers: Another stock market rout imminent

The equity markets are not out of the woods yet and another rout looks imminent, veteran investor Jim Rogers said, according to Bloomberg. The Federal
Read more Next
Start livechat