1 WHAT WILL DRIVE MONGOLIAN POLITICS AND ECONOMY IN 2026? WWW.THEDIPLOMAT.COM PUBLISHED:2025/12/30      2 MONGOLIA 2025: MAPPING FOREIGN POLICY AND POLITICAL CHANGE WWW.INSIDEMONGOLIA.MN PUBLISHED:2025/12/30      3 MONGOLIA LAUNCHES 24/5 OTC SECURITIES TRADING WWW.POSTTRADE360.COM PUBLISHED:2025/12/30      4 THE LEGENDARY SLEEPER TRAIN CONNECTING 3 COUNTRIES IN 7 DAYS CROSSES 8 TIME ZONES WWW.MIRROR.CO.UK PUBLISHED:2025/12/30      5 MONGOLIA CELEBRATES RESTORATION OF ITS INDEPENDENCE WWW.MONTSAME.MN PUBLISHED:2025/12/30      6 LIVESTOCK NUMBERS UP 0.8 PERCENT, HERDER HOUSEHOLDS DOWN BY 1,600 WWW.MONTSAME.MN PUBLISHED:2025/12/30      7 OVER 850,000 TOURISTS VISIT MONGOLIA THIS YEAR WWW.MONTSAME.MN PUBLISHED:2025/12/30      8 DRAFT TAX REFORM PACKAGE UP FOR PARLIAMENT SUBMISSION WWW.UBPOST.MN PUBLISHED:2025/12/26      9 MONGOLIA LAUNCHES WORLD'S FIRST 24/5 BLOCKCHAIN-BASED SECURITIES TRADING WWW.KIPOST.NET  PUBLISHED:2025/12/26      10 CONSTRUCTION OF OIL REFINERY AT 50 PERCENT COMPLETE WWW.MONTSAME.MN PUBLISHED:2025/12/26      ЭНЭ ОНД ДҮҮЖИН ЗАМЫН ТЭЭВРИЙН 18 ТУЛГУУР БАГАНЫГ СУУРИЛУУЛЛАА WWW.GOGO.MN НИЙТЭЛСЭН:2025/12/30     МАНАЙ УЛСАД ЭНЭ ОНД 850 МЯНГАН ЖУУЛЧИН ИРЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/12/30     СЭМЮЭЛ БЕКЕТТ ГҮҮР МОНГОЛ УЛСЫН ТӨРИЙН ДАЛБААНЫ ӨНГӨӨР ГЭРЭЛТЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/12/30     ХСҮТ РОБОТ МЭС ЗАСЛЫН ЭМЧИЛГЭЭГ АМЖИЛТТАЙ НЭВТРҮҮЛЛЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/12/30     НИТХ: НИЙСЛЭЛ 77 ТЭРБУМААР 2000 ЦАХИЛГААН МАШИН ХУДАЛДАН АВЧ, ТАКСИ ҮЙЛЧИЛГЭЭНД ЯВУУЛАХЫГ ДЭМЖЛЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/12/30     ТАЙЛАНДААС МОНГОЛ РУУ ЧИГЛЭСЭН ЗАЛИЛАН ҮЙЛДЭЖ ₮1.1 ТЭРБУМЫН ХОХИРОЛ УЧРУУЛСАН ЭТГЭЭДИЙГ БАРИВЧИЛЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/12/30     УЛСЫН ХЭМЖЭЭНД МАЛЫН ТОО 445 МЯНГААР ӨСЧ, 58.1 САЯ ТОЛГОЙ МАЛ ТООЛОГДЖЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2025/12/30     Ж.ЧИНБҮРЭН: ХДХВ/ДОХ-ЫН ХАЛДВАРТАЙ 12 ИРГЭН ХЯНАЛТАД ОРОХГҮЙ АЛДАГДСАН НЬ ҮНЭН WWW.GOGO.MN НИЙТЭЛСЭН:2025/12/26     БАТ-ӨЛЗИЙ, ХУЖИРТ СУМЫГ ХОЛБОСОН АВТО ЗАМЫГ УЛСЫН КОМИСС ХҮЛЭЭН АВЛАА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/12/26     "ОЮУТОЛГОЙ"-Н ТОГТООЛЫН ТӨСӨЛ БАТЛАГДАЖ, ТҮР ХОРОО ТАТАН БУУГДЛАА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/12/26    

China introduces 10% extra tax on 'super cars' www.bbc.com

China has introduced an additional 10% tax on "super cars", including Ferrari, Bentley, Aston Martin and Rolls-Royce.
The tax, affecting cars that cost more than 1.3m yuan ($189,000; £151,024), is aimed at curbing lavish spending and reducing emissions, authorities said.
It is part of a wider effort by Chinese authorities against flashy demonstrations of wealth, which has already hit other luxury brands.
China is a key market for high-end carmakers.
Automakers have in recent years increasingly tailored their luxury models to appeal to Chinese buyers.
Both Rolls-Royce and Aston Martin are planning to release SUV models in the next year, seen as a response to a Chinese preference for large cars over sports vehicles.
'Rational consumption'
"In order to guide rational consumption, and promote energy-saving emission reductions, the state Council has approved an additional consumption levy on ultra-luxury cars," a statement by the Ministry of Finance said.
The tax goes into effect on Thursday, although observers say it is unlikely to be a major deterrent for the super rich.
Chinese President Xi Jinping has made a campaign against corruption a centrepiece of his governing agenda, and has cracked down on luxury spending as part of that.



Published Date:2016-12-01