BEIJING, April 1 Reuters Chery CHERY.UL announced on Monday that it would offer purchase tax breaks, tradein subsidies and auto finance discounts on some of its bestselling combustion models, as a cutthroat price war rages in the world39;s largest auto market. Among Chery39;s combustion models eligible for the new incentives effective Monday are the Tiggo […]

BEIJING, April 1 Reuters China39;s Xiaomi is advising potential buyers of its SU7 electric sedan that they could face waits of four to seven months, in a sign of strong demand for its firstever vehicle. The maker of smartphones and other consumer electronics began taking orders on Thursday and said preorders hit 88,898 in the first 24 […]

BEIJING, April 1 Reuters China39;s 18.6 trillion economy has skirted some nearterm downside risks as suggested by recent indicators, analysts said, buying officials more time to convince investors they can fire up a new growth engine for 2024 and the years ahead. Economic data over the JanuaryFebruary period and a factory owners survey for March offered relief to Chinese […]