The spokesperson for the Chinese Ministry of Commerce has expressed strong dissatisfaction with the European Union's (EU) recent decision to impose temporary anti-subsidy duties on Chinese electric vehicles (EVs). The EU Commission announced plans to introduce tariffs of up to 38.1 percent on imported EVs from China, targeting major manufacturers like BYD, Geely, and SAIC with varying rates of 17.4 percent, 20 percent, and 38.1 percent respectively.
Chinese authorities argue that the EU's ruling disregards factual and legal standards set by the World Trade Organization (WTO). They contend that the EU has overlooked the competitive advantages of Chinese EVs developed through open competition and have exaggerated subsidy issues without a solid factual basis. This move, according to the Ministry, constitutes "protectionist behavior" and "unfair trade practices."
The Chinese Ministry of Commerce emphasized that the EU's unilateral actions not only undermine the legitimate interests of China's EV industry but also disrupt global automotive supply chains, including those within the EU. The Ministry criticized the decision for politicizing trade issues, which they believe hinders bilateral trade cooperation and negatively impacts consumer interests in the EU.
Furthermore, the Ministry highlighted that such measures could impede the EU's green transformation and its global efforts to combat climate change. In response, the Chinese Ministry of Commerce has called on the EU to reconsider its approach and adhere to the recent consensus reached through dialogue and consultation by the leaders of China, France, and the EU.
China has pledged to closely monitor the EU's next steps and is prepared to take all necessary measures to defend the legitimate rights and interests of Chinese enterprises in the global market.
Reference(s):
Chinese Ministry of Commerce condemns EU's anti-subsidy ruling on EVs
cgtn.com
