► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />Shares in Chinese carmakers rose after Beijing announced tax cuts on small cars. Lex's Robert Armstrong and Lucy Colback discuss the implications of the measure and assess the longer term benefits in light of China's pollution problem.<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
