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android sportpesa app Chinese authorities are extending the current range of tax credits for purchases of new fully-electric or plug-in hybrid vehicles until December 2023, local media outlets reported on Friday, following a cabinet meeting chaired by Premier Li Keqiang. The central government expects the move to provide total tax relief of RMB 100 billion (.6 billion) and boost large-ticket purchases, the reports said. However, Beijing still plans to phase out direct incentives for EV purchases by year-end. [National Business Daily, in Chinese]

android sportpesa app Dutch officials are planning to restrict China’s access to edge-cutting chip technologies and equipment as part of a deal with US officials, sources familiar with the matter have told Bloomberg. The curbs under discussion could be implemented as soon as next month, according to Bloomberg sources. The move could affect key Netherlands-based chipmaking equipment supplier ASML, whose products are critical for most advanced chips. US officials unveiled new chip export bans on China in October, leading ASML to instruct its employees to stop serving Chinese clients. According to ASML, 5% of its undelivered orders will be affected by the US’s new export controls. [Bloomberg]