China's president promises to cut auto import tariff

Partisanship melts the mind, so this is a story from 2015: https://www.ft.com/content/768b7f0a-083a-11e5-95f4-00144feabdc0

China slashed tariffs on selected consumer goods by half on Monday, its latest attempt to spur consumption and rebalance the economy from its traditional reliance on debt-funded investment. Please use the sharing tools found via the email icon at the top of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email [email protected] to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour. https://www.ft.com/content/768b7f0a-083a-11e5-95f4-00144feabdc0

To address public anger, the government this year allowed previously illegal “parallel” imports of premium cars, which can now be shipped from the US by unauthorised dealers and cost far less than the equivalent vehicles sold through official dealership channels.
/r/news Thread Parent Link - apnews.com