China plans a halving of the tax on car purchases



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He reports Bloomberg News in reference to sources.

This authority is the supreme planning body of this type for China and would like to see a tax reduction on the purchase of cars with engines from 1.6 liter to 5% maximum.

The context of the proposal is that the trade faction and the slowing economy have led to a decline in demand for the world's largest car market, writes the news agency.

Several European and American companies have witnessed a weakening of the Chinese car market in recent months.

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