The Week Ahead (March 30–April 5): China to End Solar Export Tax Rebates; Airlines to Raise Fuel Surcharges
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Mar. 30: Air China resumes Pyongyang flights
Air China will resume its direct flight between Beijing and Pyongyang after a six-year suspension. The flight will depart Beijing Capital International Airport at 8:05 a.m. Beijing time and arrive at Pyongyang Sunan International Airport after nearly two hours.
Mar. 31: European Parliament delegation visits China
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- DIGEST HUB
- Air China resumes Beijing-Pyongyang flights after six years; Tesla ends free FSD transfer service.
- China cancels solar export tax rebates and enacts new battery recycling and customs credit rules on April 1.
- European Parliament delegation visits China; NASA’s Artemis 2 lunar launch window opens April 1; Spring Airlines raises fuel surcharges.
- Air China
- Air China will resume its direct flight between Beijing and Pyongyang after a six-year suspension. This flight will depart Beijing Capital International Airport at 8:05 a.m. Beijing time and arrive at Pyongyang Sunan International Airport after nearly two hours.
- Tesla Inc.
- Tesla Inc. will permanently end its free Full Self-Driving (FSD) transfer program. Previously, owners could transfer purchased autonomous driving packages to a new Tesla vehicle without additional cost.
- BMW Group
- The BMW Group has appointed Christian Ach as the new President and CEO of BMW Group Greater China, replacing Gao Xiang. Gao concludes over a decade of management in the country, with Ach officially taking on the role starting April 1.
- Spring Airlines Co. Ltd.
- Spring Airlines Co. Ltd. is increasing fuel surcharges on domestic routes for tickets sold from April 5. This adjustment is in response to surging aviation fuel costs, driven by high international oil prices and geopolitical conflicts in the Middle East. This move is expected to lead to industry-wide price hikes.
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