Multiple Chinese cities pause trade-in subsidies, sparking confusion amid 618 sales rush
Credit: 123RF Several cities in China, including Zhenjiang and Yangzhou in Jiangsu province and Suzhou in Gansu province, have announced a temporary pause on trade-in subsidies for consumer goods, triggering widespread concern among consumers and industry watchers. Data from the Ministry of Commerce show that from January to May, the…
bubmagJune 6, 2025