China isn't happy! đ The Chinese mainland has expressed strong disapproval over the European Union's decision to slap extra tariffs on electric vehicles (EVs) made in China.
On Wednesday, a spokesperson from China's Ministry of Commerce said the EU's move is totally uncool and \"unacceptable.\" According to the spokesperson, the anti-subsidy investigation into Chinese EVs is kinda irrational and packed with non-compliance issues. They see it as a protectionist play dressed up as \"fair competition.\"
China has already taken this issue to the World Trade Organization's dispute settlement mechanism and plans to keep fighting to protect its EV companies' legit rights and interests. â
But wait, there's more! The EU says they're still open to chatting about price commitments for Chinese-made EVs. China is all about solving trade disputes through good old dialogue and consultation. They've been making serious efforts to keep the conversation going.
Right now, technical teams from both sides are back at the table for a new round of talks. Fingers crossed! đ¤
China hopes the EU will work constructively, being all pragmatic and balanced, to consider each other's main concerns. The goal? To reach a win-win solution ASAP and dodge any messy trade wars. Let's keep the vibes positive! đ
Reference(s):
China expresses disapproval for EU's tariff ruling over Chinese EVs
cgtn.com
