China's auto import tariffs reduced BMW Toyota will benefit significantly


According to auto news Autonews, BMW and Toyota are expected to further benefit when China promises to reduce auto import tariffs and further open up the Chinese auto market.

中国汽车进口关税降低

China is the world’s largest auto market, and foreign automakers hope to enter the Chinese market in a better and more competitive way. This call has been for decades. Now, foreign companies have entered the Chinese market with good news.

At the Boao Forum for Asia, Chinese President Xi Jinping said that China does not aim at pursuing a trade surplus and sincerely hopes to increase imports and promote current account balances. This year, China will reduce the import tariffs on automobiles by a considerable margin, while reducing the import tariffs on some other products, and strive to increase the import of products with special characteristics and advantages where the people’s needs are concentrated. Moreover, President Xi also emphasized that China plans to relax restrictions on foreign joint ventures and states that the government will introduce relevant policies as soon as possible.

Affected by this, Chinese domestic automakers Beiqi, BYD, and GAC have all experienced a decline in their prices. If China's current 25% automobile import tariff is reduced, the competitive advantage of foreign automakers will be even greater, with more foreign brands. Will invade the Chinese market and compete with local brands.

trade war

At present, China is in an atmosphere of "trade war" with the United States, the world's largest economy, and last week the Chinese government proposed to impose a 25% tariff on imported cars from the United States. In this context, during the Boao Forum for Asia, President Xi made a statement to the world to further open up the auto market.

High-end car brands will especially feel the benefits of tariff cuts because the production of high-end brands is rarely transferred to China. Among them, Toyota's Lexus will benefit even more, because Lexus is the only high-end brand that has not produced in China and has not declared production in China. Bloomberg analysts said: "This will be a blessing to the Chinese luxury car market." Audi's leader in sales of automobiles began producing cars in China in 1996. GM Cadillac opened a factory in Shanghai in 2016.

In 2017, China imported a total of 1.22 million vehicles, which accounted for about 4.2% of the total sales of 28.9 million for the whole year. At the same time, at the Boao Forum for Asia, President Xi reaffirmed China's commitment to open the auto market. During the two sessions, Premier Li Keqiang once stated that China will gradually reduce its auto import tariffs this year.

In addition to tariffs, when China requires overseas automakers to establish joint ventures with local automakers in China, the proportion of investment should not exceed 50%. When this policy was introduced in the 1990s, China hoped to gain technology transfer through cooperation with global auto giants such as Volkswagen and General Motors, and thus promote the development of China's automobile manufacturing industry.

Honda Motors welcomed China’s commitment to further open up the automotive market. Honda currently produces cars in China through two joint ventures. Peter Fleet, head of Ford’s Asian market, said that the initial signs were “inspiring.”

Cui Dongshu, secretary-general of the National Passenger Vehicle Information Association, said that any reduction in tariffs will have a huge impact on Chinese domestic automakers. At the same time, the relaxation of the automobile joint venture’s regulations will also have a long-term impact on the Chinese auto industry.



Mold HVAC VENTS BEFORE AND AFTER
Mold infestation usually comes with a musty odor. If there is mold in your HVAC system, you should be able to smell the strange musty odor in multiple adjacent rooms. If the mold problem is quite severe, you should be able to spot the growth around the ducts, in the vents and the other parts of the ductwork. The spores are too small for spotting without specialized equipment, and you will not see any other overt signs until the infestation is rampant. In most cases, people have to rely on their sense of smell to detect the presence of this stealthy intruder in their homes.

What causes mold infestation in the HVAC air ducts?

A warm location with high water vapor content is particularly prone to mold buildup within the ducts. Water vapor can form within the duct system when cold air passes through, and when there is high water vapor content in the outside environment, the water droplets usually collect instead of evaporating. It forms the most conducive environment for mold growth. The nutrition for the mold usually comes from dust, dirt, dead skin cells, pollen, and animal dander that collects over months inside the duct along with the water.

What are the signs of mold in air ducts?

Here are a few definitive signs of mold growth within home HVAC systems:

A strong mildew-like or musty smell throughout the house or at least in a few adjacent rooms.
Your nose, throat, and eyes feel irritated when you switch on the air conditioning or step inside an air-conditioned room.
You are experiencing allergic symptoms including a runny nose, rashes, and watering eyes.
You or your family is suffering from unexplainable headaches that go away when you step outside.
You feel nausea, fatigue, and dizziness only when you are home.
You can see the mold growing within the intake vents and around the air ducts and drip pans.
Therefore, if you live in a warm climate and your home smells musty all the time, you have the perfect reason to suspect a mold infestation within the central air conditioning system. You should never wait for the visible signs of infestation to manifest before taking action. You may not be able to see specific sections of your HVAC ductwork from the outside. In that case, you should ask for professional help.

How can homeowners tackle the problem of mold and how to get rid of mold in air ducts?

Sometimes, the mold problem is not overwhelming, and homeowners prefer to deal with the issue on their own. It calls for some robust DIY mold removal techniques. The EPA recommends the employment of professional mold removing services when the suspected mold cover spreads over ten sq ft. If the infestation in your heating ducts is not as severe, you can try removing the growth with ingredients that you can find at your local Home Depot.  Here is information on how to get rid of mold in air ducts.

Removing Mold from Your HVAC System:

Selection of the cleaning solution is the first and the most crucial step that decides the fate of the HVAC system inside your home and ultimately if you are successful in how to get rid of mold in air ducts. The cleaning agent you choose can either remove mold or let it fester secretly. Therefore, you need to be cautious when selecting a DIY solution for your mold problem.


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