China's Finance Ministry exempts purchase tax for New Energy Vehicles to end 2025
- Cuts the tax in half for NEV purchases 2026-2027
Meanwhile, yuan lower again:
![usdcnh china 21 June 2023](https://images.forexlive.com/images/usdcnh%20china%2021%20June%202023_id_4a259157-001e-4269-a2b4-981077c2044b_size900.jpg)
China's Finance Ministry exempts purchase tax for New Energy Vehicles to end 2025
Meanwhile, yuan lower again:
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