Supercar dealerships in China enjoyed a bonanza of sales on Wednesday evening ahead of a new 10 per cent levy which took effect at midnight. Photo: Bruce Yan

China slaps Ferrari and other ‘ultra premium’ vehicles above 1.3m yuan with new 10pc levy

Topic |   Autos

TOP PICKS

Supercar dealerships in China enjoyed a bonanza of sales on Wednesday evening ahead of a new 10 per cent levy which took effect at midnight. Photo: Bruce Yan
READ FULL ARTICLE