Send to Kindle
The Financial Express
China will reduce import duties for cars by 10 percent. This was reported by the Chinese Ministry of Finance, the World Agencies have reported.
The decrease will occur on July 1. Fees drop from 25% to 15%.
There will be a reduction of 6% for the taxes on auto parts.
The country also intends to open its markets and buy more US goods, the authorities say. Their statement comes days after China and the United States said they would calm down economic relations with each other and would not lead to a trade war.
A recent report from consulting firm Arthur D. Little highlights a trend where wealthy individuals in urban areas are increasingly abandoning their cars
Economists have lowered their expectations for China's full-year GDP growth following the release of disappointing economic data over the weekend
Starting this December, new regulations for aspiring drivers in Bulgaria will allow them up to four attempts to pass both the theory and practical driving exams
The United States will be monitoring upcoming joint military drills by China and Russia in the Sea of Japan and Sea of Okhots
On Sunday, September 15, Sofia will host the Autumn Auto-Retro Salon and Parade, featuring an array of vintage vehicles
In Bulgaria, 26,945 new cars were registered during the first seven months of the year, reflecting a 28.4% growth compared to the same period in 2023
Former US President Donald Trump has urged voters to turn out in record numbers for the upcoming presidential election
The 2024 Nobel Prize in Physiology or Medicine has been awarded to American scientists Victor Ambros and Gary Ruvkun
As the 1-year mark of the October 2023 Hamas-led attacks passes in Israel, the mental health crisis triggered by the atrocities of that day looms large
Josep Borrell, the EU's chief diplomat, stated that if Western allies cease their support for Ukraine,
Slovak Prime Minister Robert Fico has accused the West of intentionally escalating the conflict in Ukraine
The New York Times (NYT) has analyzed Ukraine's current military strategy in its ongoing war with Russia
Bulgaria Ranks Second in the Balkans at Paris 2024 Olympics, 26th Overall
Bulgaria Leads Europe in Heat-Related Deaths in Record-Breaking 2023
