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Beijing is subsidizing everything from microwaves to dishwashers to get people to spend more money

China broadened a home appliance subsidy program just as inflation data showed continued weak consumer demand.

By: Business Insider

Jan 10 2025
3
351 Views

Beijing is subsidizing everything from microwaves to dishwashers to get people to spend more money

China added microwaves to home appliances that now quality for state subsidies in a trade-in program to spur consumption.Servais Mont/Getty Images

China has expanded its trade-in program to … [+2773 chars]

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Smooth operators: Pureed soups make elegant starters