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The tariff cut and its short- and long-term impacts on the industry

The swift move by the Ministry of Finance on May 22 to cut import tariffs for automobiles and components (see China reduces import tariffs for autos to 15 percent, components tariffs cut to 6 percent), coming just 42 days after President Xi Jinping vowed at the Bo’ao Forum for Asia

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China reduces import tariffs for autos to 15 percent, components tariffs cut to 6 percent

BEIJING – The Ministry of Finance (MOF) announced on May 22 that starting July 1, 2018, import tariffs for automobiles will be reduced to 15 percent, while those for components will be cut to 6 percent. This is a major decision in support of the now 40-years of economic reform

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Stay calm and carry on: 50:50 JV equity rule relaxation coming at the right time

Tesla CEO Elon Musk must be on cloud nine right now. The comments from Chinese President Xi Jinping on April 10 at the Boao Forum for Asia 2018 Annual Conference that China would reduce limits on foreign investment in the auto industry (see Bye bye 50:50 JV equity rule? Chinese President

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China conducts anti-dumping investigation against U.S. auto imports

After the two-day Sino-U.S. trade talks in picturesque city of Hangzhou, Chen Deming, Chinese Minister of Commerce, told media that China is making a preliminary anti-dumping investigation on U.S.-made vehicles, and probes on American auto imports will be "objective, fair and justified." Previously, Steve Collins, chairman of U.S. Automotive Trade

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