China calls EU tariffs on EVs unfair, says it will take necessary measures to defend industry
Publishing timestamp: 2024-08-21 06:19:23
Summary
China criticizes EU for lowering import duties on electric vehicle manufacturers, including Tesla, from China. Beijing believes EU's probe into China's subsidies for EVs is promoting unfair competition and vows to defend Chinese companies. EU's final ruling did not fully absorb China's opinions, leading to concerns about trade disputes escalating.
Sentiment: NEGATIVE
Tickers: 1211-HK, 104-SZ, TSLA, ZE594-CN, 175-HK,
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