The European Union has faced strong criticism from the Chinese Ministry of Commerce over its recent anti-subsidy investigation into Chinese electric vehicles (EVs). According to He Yadong, a spokesperson for the ministry, the EU's request for information was \"unprecedented\" in its breadth and depth, surpassing what is typically necessary for such probes.
The European Commission (EC) proposed high provisional additional tariffs in its preliminary ruling, citing concerns over subsidies. However, He Yadong stated that the EC demanded an extensive range of data, including details on battery composition, production costs, sales and pricing strategies, customer information, and supply chains from EV and battery manufacturers. This level of scrutiny has left Chinese firms feeling \"shocked and disappointed.\"
Despite providing comprehensive information, Chinese companies were still accused by the EC of not fully cooperating, resulting in the imposition of punitive tariffs on their products. The Chinese Ministry of Commerce argued that the EU's actions lack both factual and legal basis, violating World Trade Organization (WTO) rules and undermining fair competition. Furthermore, they contend that this move hampers the global transition to green technologies and international cooperation.
He Yadong emphasized that China is firmly opposed to the EU's approach and is prepared to take all necessary measures to protect the legitimate rights and interests of its businesses. This development highlights the ongoing tensions in international trade, particularly in the rapidly growing EV market, and raises questions about the future of global green initiatives amid such disputes.
Reference(s):
China says EU's demand for information in EV probe exceeded its scope
cgtn.com
