German industry urges EU to toughen response to unfair Chinese trade practices
3 years, 9 months ago

German industry urges EU to toughen response to unfair Chinese trade practices

Hindustan Times  

The European Union should take a tougher approach to protecting companies from unfair Chinese trade practices as Beijing is not keeping its promise to further open up its economy, Germany's BDI industry association said on Thursday. German industry wants the EU to shore up its defences against unfair trade practices by China by implementing a powerful anti-subsidy instrument and concluding work on an international procurement instrument, Lang said. BDI Managing Director Joachim Lang said German industry was missing clear signals in the five-year plan for a real change of course towards market openness and free business economy. China's hard line in Hong Kong and the situation in Xinjiang are already dampening prospects for a successful ratification of the EU Investment Agreement, Lang said.

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History of this topic

EU ambassador says don't want trade war with China even as frustration over Beijing's market practices grows
1 month, 2 weeks ago

EU ambassador says don't want trade war with China even as frustration over Beijing's market practices grows

Firstpost  

Trade frictions between EU and China have intensified over the past year after the bloc launched an investigation into Chinese-made imports of EVs that prompted Beijing to launch probes into Europe’s pork and dairy industries and curb brandy imports Flags of European Union and China are pictured during the China-EU summit at the Great Hall of the People in Beijing, …

Europe should not continue down the misguided path of protectionism
1 month, 3 weeks ago

Europe should not continue down the misguided path of protectionism

China Daily  

On Tuesday, the European Commission announced the final ruling of the anti-subsidy investigation into electric vehicles from China. Although both China and Europe will continue to work toward a price commitment solution, we must express our deep regret regarding the European Commission's current final ruling, which raises a white flag to protectionism. Fundamentally, the EU's tariff decree represents a 21st-century …

EU Imposes 45.3% Tariffs on Chinese EVs, Sparking Trade War with China
1 month, 3 weeks ago

EU Imposes 45.3% Tariffs on Chinese EVs, Sparking Trade War with China

Firstpost  

The European Union (EU) has imposed tariffs of up to 45.3 per cent on Chinese-built electric vehicles to counter alleged subsidies. The new rates will take effect the following day and will apply to Chinese brands' share of the EU market, which is estimated to be 8 per cent from below 1 per cent in 2019. The EU's stance towards …

Practical Sino-German cooperation boon for both
3 months, 3 weeks ago

Practical Sino-German cooperation boon for both

China Daily  

Employees of BMW Brilliance Automotive work on the production line in Shenyang, Liaoning province, in May. CHINA DAILY After the European Commission announced that it would impose high tariffs on Chinese new energy vehicles, German automakers such as BMW, Volkswagen and Mercedes-Benz expressed their opposition. "We don't think that our industry needs protection," BMW CEO Oliver Zipse was reported by …

EU action will hurt trade partnership
3 months, 3 weeks ago

EU action will hurt trade partnership

China Daily  

A SAIC model is driven into a cargo ship headed to Europe. Protectionist moves by the European Union, particularly those targeting Chinese electric vehicles, will affect mutual trust and cooperation between China and the EU, market watchers and industry leaders said. "The EU's protectionist actions will damage China-EU economic and trade cooperation, disrupting ongoing consultations and negotiations between the two …

EU probe into China EV makers 'not transparent'
3 months, 4 weeks ago

EU probe into China EV makers 'not transparent'

China Daily  

Shi Yonghong, vice-president of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, told China Daily in an exclusive interview that under the new Foreign Subsidies Regulation, the European Union will conduct in-depth investigations into local investments in industries that it suspects of receiving foreign subsidies. The battery electric vehicle companies will be very cautious …

China urges EU to avoid protectionist measures in biodiesel trade
4 months, 4 weeks ago

China urges EU to avoid protectionist measures in biodiesel trade

China Daily  

Worker recycles biofuel in Ningbo, Zhejiang province, June 4, 2024. China expressed deep concern over the European Union's protectionist stance within the biodiesel industry and urged the bloc to refrain from the hasty adoption of trade protectionist measures, the Ministry of Commerce said on Thursday. The European Commission, the executive arm of the EU, announced on July 19th the preliminary …

Probe into possible EU protectionism justified
5 months, 1 week ago

Probe into possible EU protectionism justified

China Daily  

This file photo shows European Union flags fluttering outside the EU Commission headquarters in Brussels, Belgium on July 14, 2021. In response to the European Union's anti-subsidy investigations into imports of Chinese railway locomotives, new energy vehicles and green energy products, the Chinese Ministry of Commerce launched an investigation into the EU's probe on Wednesday after receiving an application for …

China and EU to expedite consultations on tariffs on Chinese EVs
5 months, 2 weeks ago

China and EU to expedite consultations on tariffs on Chinese EVs

China Daily  

Vehicles from Chinese brands wait to be exported from a port in Suzhou, Jiangsu province. China and the European Union, based on facts and rules, will expedite consultations over the bloc's decision to impose hefty tariffs on Chinese-made battery electric vehicles, to reach a solution that is acceptable to both sides as quickly as possible, the Ministry of Commerce said …

Talks only way to prevent trade war
6 months ago

Talks only way to prevent trade war

China Daily  

Although Vice-Chancellor of Germany and Federal Minister for Economic Affairs and Climate Action Robert Habeck does not represent the European Commission, his three-day visit to China, which concluded on Sunday, has helped to ease tensions between China and the European Union over the issue to a certain degree. Habecks respective meetings with the Chinese commerce chief and head of the …

German experts criticize EU tariffs on Chinese EVs
6 months ago

German experts criticize EU tariffs on Chinese EVs

China Daily  

By XING YI in London | China Daily Global | Updated: 2024-06-18 09:03 A view of Chinese carmaker BYD's assembly line of new energy vehicles in Zhengzhou, Henan province. The European Union's decision to impose additional tariffs on Chinese battery electric vehicles is a protectionist move that could trigger a global trade conflict and slow down Europe's electric mobility transition, …

Germany battles to block Brussels clampdown on Chinese EVs
6 months, 1 week ago

Germany battles to block Brussels clampdown on Chinese EVs

The Telegraph  

China threatened legal action against the EU on Thursday in response, saying it “reserves the right” to file a suit with the World Trade Organisation. Almost €4.5bn was wiped off the value of Germany’s biggest car makers amid fears of a trade war between Europe and the world’s second largest economy. The EU tariffs will also directly affect some western …

Official: EU antisubsidy probe type of protectionism
6 months, 2 weeks ago

Official: EU antisubsidy probe type of protectionism

China Daily  

A BYD Ocean-M electric car is displayed at the 2024 Auto China in Beijing on April 25, 2024. Restricting open competition in new energy products and technologies will lead to a regression in the European Union's green transition and dampen the confidence of Chinese companies in investing in the EU, said a senior Chinese commerce official in Poland. During his …

EU's protectionist moves compliance with decoupling design of Washington: China Daily editorial
6 months, 3 weeks ago

EU's protectionist moves compliance with decoupling design of Washington: China Daily editorial

China Daily  

Of the top 25 auto brands, all but three are European. It might therefore seem reasonable that European Commission President Ursula von der Leyen should have announced last September the launch of an anti-subsidy investigation into Chinese-made EVs exported to Europe, on the grounds that with the support of state subsidies China has been flooding the continent with its "overcapacity". …

Europe wants two things from China. It may not get far on either of them
8 months ago

Europe wants two things from China. It may not get far on either of them

Associated Press  

BEIJING — Europe wants two things from China: First, a shift in its relatively pro-Russia position on the war in Ukraine. “And if those highly competitive companies are still protected by the government, then we have actually global challenges resulting from that.” A FUNDAMENTAL DIVIDE ON UKRAINE If there is one issue most of Europe can agree on, it is …

China-Germany cooperation not a 'risk', but a guarantee for stable relations
8 months, 1 week ago

China-Germany cooperation not a 'risk', but a guarantee for stable relations

China Daily  

After visiting Chongqing, a key southwest manufacturing base, and Shanghai, the national financial hub, German Chancellor Olaf Scholz arrived in Beijing to meet with President Xi Jinping and Premier Li Qiang. Many have therefore pinned their hopes on Scholz's meetings in Beijing proving fruitful, because preserving robust China-Germany economic and trade ties and maintaining friendly relations has never been as …

Building tariff castles will only entrench trade war: China Daily editorial
9 months, 3 weeks ago

Building tariff castles will only entrench trade war: China Daily editorial

China Daily  

According to a source at a major UK automaker cited by Politico, "the wheels have started turning" at the United Kingdom's Department for Business and Trade on an investigation into Chinese State subsidies for its electric vehicle makers. They are concerned that the Chinese-made EVs will be diverted to the UK market if the European Union slaps duties on Chinese …

China, EU make strides toward strengthening ties
11 months, 4 weeks ago

China, EU make strides toward strengthening ties

China Daily  

By Chen Weihua in Brussels | China Daily | Updated: 2023-12-25 09:15 Staff members work at a Cainiao logistics center in Madrid, Spain, on July 31. "'De-risking' and 'reducing dependence' should not evolve into throwing away and weakening cooperation," China's Foreign Ministry spokesman Wang Wenbin said on Nov 30. Von der Leyen's announcement in her State of the Union Address …

China, EU make strides toward strengthening ties
11 months, 4 weeks ago

China, EU make strides toward strengthening ties

China Daily  

Staff members work at a Cainiao logistics center in Madrid, Spain, on July 31. "'De-risking' and 'reducing dependence' should not evolve into throwing away and weakening cooperation," China's Foreign Ministry spokesman Wang Wenbin said on Nov 30. Von der Leyen's announcement in her State of the Union Address on Sept 13 that the EU will launch an anti-subsidy investigation into …

How EU probe into Chinese EV subsidies putting German luxury carmakers at risk
1 year, 2 months ago

How EU probe into Chinese EV subsidies putting German luxury carmakers at risk

Hindustan Times  

The European Union’s probe into Beijing’s electric vehicle subsidies is meant to protect its carmakers from a flood of cheap Chinese cars. For Germany’s high-end manufacturers, including Porsche AG, China has proven an insatiable market for their most expensive models, like the S-Class, 7-Series and Cayenne SUV. Under Chief Executive Officer Ola Källenius, Mercedes has been pursuing a luxury-first strategy, …

China says EU probe into Chinese electric vehicle exports, subsidies is protectionist
1 year, 3 months ago

China says EU probe into Chinese electric vehicle exports, subsidies is protectionist

Associated Press  

HONG KONG — China’s Commerce Ministry has protested a decision by the European Union to investigate exports of Chinese electric vehicles, saying Thursday that it is a “protectionist” act aimed at distorting the supply chain. “It’s naked protectionist behavior that will seriously disrupt and distort the global automotive industrial chain and supply chain including the European Union, and will have …

EU launches probe into Chinese subsidies for electric vehicles
1 year, 3 months ago

EU launches probe into Chinese subsidies for electric vehicles

Al Jazeera  

Anti-subsidy investigation is highest-profile case against China since EU probe into Chinese solar panels a decade ago. The European Union has opened a probe into China’s subsidies for electric vehicle makers, amid concerns the payments are harming European companies. This is distorting our market,” European Commission President Ursula von der Leyen told EU lawmakers on Wednesday. “So, I can announce …

EU launches anti-subsidy probe into Chinese electric vehicles
1 year, 3 months ago

EU launches anti-subsidy probe into Chinese electric vehicles

Op India  

The European Union has launched an anti-subsidy inquiry into the Electric Vehicles coming from China. Asserting that the EV sector is a “crucial industry for the clean economy with a huge potential for Europe, Ursula von der Leyen said that global markets are flooded with cheaper Chinese electric cars and huge state subsidies are provided to keep their price artificially …

EU must beware Washington's forked tongue
1 year, 4 months ago

EU must beware Washington's forked tongue

China Daily  

On June 15, the European Commission for the first time labeled Huawei and ZTE as telecom providers that pose a higher security risk to the European Union, declaring that EU member states should also immediately take concrete measures to reduce the risk. The fact is that Chinese telecommunications companies have been operating in Europe for many years, and they have …

Bosch head: EU should focus on competitiveness instead of isolation
1 year, 4 months ago

Bosch head: EU should focus on competitiveness instead of isolation

China Daily  

Flags of China and the European Union is seen in this photo. European governments should spend more time improving the competitiveness of the EU instead of focusing on the risks companies face doing business in China, Stefan Hartung, the head of Europe's largest car parts supplier Bosch, said in an article published on the website of the Financial Times on …

Germany backs EU-Indonesia trade pact to curb China reliance
1 year, 8 months ago

Germany backs EU-Indonesia trade pact to curb China reliance

Associated Press  

BERLIN — German Chancellor Olaf Scholz said Sunday that he will press for a trade agreement between the European Union and Indonesia as part of his country’s efforts to reduce its reliance on China for crucial raw materials. Speaking at the opening of the annual Hannover trade fair, Scholz told Indonesian President Joko Widodo that a trade deal between Southeast …

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