China’s Reaction to EU’s Investigation on Chinese Subsidies for Electric Cars: The Impact on Economic Relations

2023-09-14 07:00:34

China warned on Thursday of the “negative impact” it believes the European Union’s investigation into Chinese subsidies for electric cars will have, at a time when EU manufacturers are worried about a unfair competition.

Also read Electric cars: the Commission tackles unfair competition from China

This measure “taken in the name of “fair competition”” is “openly protectionism” and it “will have a negative impact on economic and commercial relations between China and the European Union,” the ministry criticized in a press release. from Chinese for Commerce.

The President of the European Commission Ursula von der Leyen announced on Wednesday the opening of an investigation into Chinese public subsidies for electric automobiles, in order to defend the European industry in the face of “artificially low prices”.

Also read Will your next electric car be Chinese?

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