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Education

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 12 2025
  • 40
  • 4277 Views
Beijing is subsidizing everything from microwaves to dishwashers to get people to spend more money
Beijing is subsidizing everyth
China added microwaves to home appliances that now quality for state subsidies in a trade-in program to spur consumption.Servais Mont/Getty Images

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