MOFCOM said at a June 23 briefing that as of June 22 consumer trade-in programs have generated 5 trillion yuan in cumulative related goods sales and benefited about 630 million participants. Automotive trade-ins accounted for 63% of sales; MOFCOM sai

2026-06-23

MOFCOM said at a June 23 briefing that as of June 22 consumer trade-in programs have generated 5 trillion yuan in cumulative related goods sales and benefited about 630 million participants. Automotive trade-ins accounted for 63% of sales; MOFCOM said the schemes have supported consumption and aided industry renewal and product circulation.

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2026-06-23

Asian Stocks 1. The Shanghai Composite Index closed up 72.62 points, or 1.78%, at 4163.1 points on Monday, June 22. 2. The Shenzhen Component Index closed up 341.8 points, or 2.13%, at 16372.5 points on Monday, June 22. 3. The CSI 300 Index closed

2026-06-23

Iranian President Peshizian: As Tehran and Washington continue negotiations based on the recently signed memorandum of understanding, Iran will never yield to excessive demands, nor will it tolerate the suppression of the rights of its people.