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Policy & Finance
China to lower VAT rebate for new energy vehicle exports
China is cutting tax rebates for new energy vehicle exports to curb price competition and reduce trade tensions – with lower-margin models likely to face the greatest pressure.
Alternative-fuel trucks have been developing rapidly, but challenges remain to large-scale deployment.
Food & Agriculture
From Hormuz to rice fields: how Middle East conflict could worsen Philippines’ next El Niño food shock
As the Philippines braces for lower rice yields from El Niño, farm experts warn that Middle East disruption could make 2027’s harvest more vulnerable by raising fertiliser costs just as tighter water supplies constrain planting.
The EV revolution has reached Mumbai’s iconic red public buses, but has come with contracts that push drivers’ incomes and safety into precarity.
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News / Policy & Finance
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News / Policy & Finance
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