China Urges EU Cooperation on Electric Vehicle Dispute
China Urges EU Cooperation on Electric Vehicle Dispute

China Urges EU Cooperation on Electric Vehicle Dispute

News summary

China is actively seeking the support of France and the Czech Republic in addressing the European Union's recently imposed tariffs on Chinese electric vehicles (EVs), which can be as high as 45%. Chinese officials, including Commerce Minister Wang Wentao and Vice Minister Ling Ji, have expressed concerns that these duties undermine cooperation between the EU and China and have urged both countries to advocate for negotiations to find a mutually acceptable solution. The EU's investigation concluded that Chinese EV manufacturers benefit from extensive subsidies, allowing them to gain a significant market share, which has prompted fears of job losses in Europe. The EU's tariffs, finalized after failed negotiations, are set to remain in place for five years unless an agreement is reached. Meanwhile, China has confirmed that EU representatives will visit for further discussions on the tariff dispute, indicating ongoing diplomatic efforts to resolve the issue.

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