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China rolls out trade-in funding for 2026 as campaign to spur spending continues (www.scmp.com)

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China has unveiled the details of an extension to its popular consumer goods trade-in scheme, a policy which has helped to fuel short-term boosts in consumption and contributed to the achievement of nationwide targets for economic growth. On Tuesday, the National Development and Reform Commission (NDRC) – the country's top economic planner – announced with the Ministry of Finance that 62.5 billion yuan (US$8.93 billion) in ultra-long-term special bonds would be fast-tracked to local governments...

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