In a bold move, China is taking the European Union to the World Trade Organization (WTO) over new anti-subsidy tariffs on Chinese electric vehicles (EVs). 🇨🇳⚖️🇪🇺
The Ministry of Commerce spokesperson announced on Monday that China has officially filed a complaint, aiming to protect its booming EV industry and foster global cooperation in green technology. 🌍💚
\"We're standing up for our EV makers and the future of green transportation,\" the spokesperson emphasized. \"It's crucial that international trade rules are fair and promote, not hinder, the global shift to sustainable energy.\" 🚗⚡️
Despite China's earlier appeals, the EU pushed ahead with hefty countervailing duties on Chinese EVs. This decision came even amid objections from EU member state governments, industry stakeholders, and the public. 😲
China isn't pulling any punches, accusing the EU of violating WTO rules and engaging in trade protectionism under the guise of countervailing measures. \"These actions lack factual and legal basis,\" the spokesperson declared. \"It's an abuse of trade remedy measures.\" 🚫📄
Calling for the EU to \"right its wrongs,\" China is urging a collaborative effort to maintain stability in the global EV industry and the broader economic and trade relations between China and the EU. \"Let's work together to keep the wheels of green innovation turning!\" the spokesperson urged. 🤝🌐
This electric showdown highlights the tensions in global trade as countries navigate the rapid shift towards green technologies. The outcome could have significant implications for EV enthusiasts and the future of sustainable transportation worldwide. 🌟🚀
Reference(s):
Spokesperson: China to file lawsuit with WTO over EU's final EV ruling
cgtn.com
