China Sees WTO-Based EV Resolution
Ministry of Commerce spokesperson He Yongqian noted that both Beijing and Brussels on Jan. 12 reported “positive outcomes” following several rounds of negotiations, as cited by state-run Xinhua News.
China’s comments followed the European Commission’s release on Monday of a guidance document addressing the “submission of price undertaking offers in the context of the anti-subsidy duties in place on battery electric vehicles from China.”
From China’s perspective, import duties on electric vehicles ranging between 7.8% and 35.3% constitute a point of trade tension with the EU. Meanwhile, the European bloc argues that such measures are intended to protect its automobile industry from a surge of competitively priced Chinese imports.
Responding to the situation, the Chinese spokesperson emphasized that a "soft landing" of the dispute would “significantly boost market confidence and inject fresh momentum into China-EU cooperation in auto trade and investment.”
The spokesperson further stressed that “A proper settlement of the EV case will facilitate the sound development of China-EU economic and trade relations and help safeguard the stability of global auto industrial and supply chains.”
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