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Beijing city weighs plans to stimulate autos demand due to coronavirus: report

It said possible measures being considered by Beijing include introducing incentives to trade in old cars for new, approving no fewer than 100,000 licenses to new energy vehicle buyers in the first half of 2020 and launching special plate licenses for suburban areas, the newspaper said, citing a statement from China’s commerce ministry.

European markets jump after Fed stimulus, Italy virus slowdown; Stoxx 600 up 5%

Top 5 Things to Know in the Market on Tuesday, March 24th