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 sides and setting a concerning precedent for addressing similar issues in the future," said Cui Fan, a professor specializing in international trade at the Beijing-based University of International Business and Economics. Even though establishing production bases in non-EU countries like Thailand and Turkiye may help bypass high tariffs and reduce dependence on the EU market, Chinese auto manufacturers should not rush into localizing production solely in response to tariff increases, said Bai Ming, a member of the Academic Degree Committee at the Chinese Academy of International Trade and Economic Cooperation in Beijing. It is crucial to conduct a thorough assessment of the local market, ensuring there is adequate demand, a favorable business environment and opportunities to extend China's related industry chains internationally, said Bai.

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History of this topic

Concerns voiced over EU's business climate
2 weeks ago

Concerns voiced over EU's business climate

China Daily  

Chinese companies operating in the European Union have voiced deep concerns over the worsening business climate in the bloc, from the growing uncertainty and discrimination to the politicization of trade and investment, according to an annual survey released on Monday by the China Chamber of Commerce to the EU, or CCCEU. More than half of the Chinese companies surveyed say …

Concerns voiced over EU's business climate
Trending News
2 weeks ago

Concerns voiced over EU's business climate

China Daily  

Most Chinese firms remain optimistic in market despite challenges: Survey Chinese companies operating in the European Union have voiced deep concerns over the worsening business climate in the bloc, from the growing uncertainty and discrimination to the politicization of trade and investment, according to an annual survey released on Monday by the China Chamber of Commerce to the EU, or …

Concerns voiced over EU's business climate
Trending News
2 weeks ago

Concerns voiced over EU's business climate

China Daily  

Chinese companies operating in the European Union have voiced deep concerns over the worsening business climate in the bloc, from the growing uncertainty and discrimination to the politicization of trade and investment, according to an annual survey released on Monday by the China Chamber of Commerce to the EU, or CCCEU. More than half of the Chinese companies surveyed say …

EU and China: In the face of Trump threat, can this unlikely alliance bloom?
3 weeks, 3 days ago

EU and China: In the face of Trump threat, can this unlikely alliance bloom?

Firstpost  

While shared economic interests could lead to closer ties, underlying issues such as market access, intellectual property rights, EU’s concerns over Chinese “dumping”, and geopolitical tensions may hinder a robust alliance The start of Donald Trump’s second term is right around the corner. SCMP quoted a Beijing-based economist who has advised China’s State Council on foreign trade relations as saying …

China-EU solution to tariff war coming soon
Top News
4 weeks, 1 day ago

China-EU solution to tariff war coming soon

China Daily  

Hundreds of vehicles manufactured by Chery line up at a port of Wuhu, Anhui province, awaiting export. The prospect of nearing an alternative solution by China and the European Union to the bloc's imposition of extra tariffs on Chinese-made battery electric vehicles would provide a much-needed buffer to avoid the escalation of trade tensions between the two economic powerhouses, analysts …

China-EU solution to tariff war coming soon
Top News
4 weeks, 1 day ago

China-EU solution to tariff war coming soon

China Daily  

By Wang Keju | chinadaily.com.cn | Updated: 2024-11-25 17:45 Hundreds of vehicles manufactured by Chery line up at a port of Wuhu, Anhui province, awaiting export. The prospect of nearing an alternative solution by China and the European Union to the bloc's imposition of extra tariffs on Chinese-made battery electric vehicles would provide a much-needed buffer to avoid the escalation …

Optimistic signals from China on trade talks with the EU
1 month ago

Optimistic signals from China on trade talks with the EU

NL Times  

China and the European Union have reached "technical agreement" on a number of points in their talks on reducing or reversing import duties imposed by the EU on electric vehicles produced in China. In response, the EU has increased import duties on electric cars from China, sometimes by up to ten percent. China and the EU held talks on the …

Xi says China insists on resolving differences with EU via dialogue
1 month ago

Xi says China insists on resolving differences with EU via dialogue

China Daily  

Chinese President Xi Jinping meets with German Chancellor Olaf Scholz on the sidelines of the G20 Leaders' Summit in Rio de Janeiro, Brazil, Nov 19, 2024. RIO DE JANEIRO -- Chinese President Xi Jinping said on Tuesday that the EU's tariffs on Chinese electric vehicles are drawing attention around the world, and China always insists on resolving differences through dialogue …

EU should not accept hand-me-down judgments of China from Washington: China Daily editorial
1 month, 1 week ago

EU should not accept hand-me-down judgments of China from Washington: China Daily editorial

China Daily  

Given the vast common ground that China and the European Union share, especially on economic globalization and free trade, there has been hope that, with a new leadership, the EU will work with China to push forward their pragmatic cooperation and resolve the differences that exist between them through dialogue. Maros Sefcovic, the EU's commissioner-designate for trade and economic security, …

EU puts trade war with China on the cards
1 month, 2 weeks ago

EU puts trade war with China on the cards

China Daily  

By Li Yang | China Daily | Updated: 2024-11-07 07:34 JIN DING/CHINA DAILY At a parliamentary confirmation hearing on Monday, EU trade chief-in-waiting Maros Sefcovic clearly showed his tough stance on the European Union's trade issues with China. Regarding the ongoing negotiations between China and the EU over the "anti-subsidy" tariffs the latter slapped on Chinese-made electric vehicles from Oct …

EU puts trade war with China on the cards
Top News
1 month, 2 weeks ago

EU puts trade war with China on the cards

China Daily  

JIN DING/CHINA DAILY At a parliamentary confirmation hearing on Monday, EU trade chief-in-waiting Maros Sefcovic clearly showed his tough stance on the European Union's trade issues with China. Regarding the ongoing negotiations between China and the EU over the "anti-subsidy" tariffs the latter slapped on Chinese-made electric vehicles from Oct 30, Sefcovic seemed to miss the point, saying that the …

EU puts trade war with China on the cards
Top News
1 month, 2 weeks ago

EU puts trade war with China on the cards

China Daily  

JIN DING/CHINA DAILY At a parliamentary confirmation hearing on Monday, EU trade chief-in-waiting Maros Sefcovic clearly showed his tough stance on the European Union's trade issues with China. Regarding the ongoing negotiations between China and the EU over the "anti-subsidy" tariffs the latter slapped on Chinese-made electric vehicles from Oct 30, Sefcovic seemed to miss the point, saying that the …

China-EU confrontation hype adds complexity to trade ties
1 month, 2 weeks ago

China-EU confrontation hype adds complexity to trade ties

China Daily  

Hundreds of vehicles manufactured by Chery line up at a port of Wuhu, Anhui province, on March 10, awaiting export. Global Times-At a juncture when China-EU trade relations are facing challenges, the latest remarks from the EU's trade chief-in-waiting apparently add uncertainty and complexity into the future of China-EU economic and trade relations. During a three-hour confirmation hearing by members …

China appeals to WTO over EU's final ruling of countervailing measures on Chinese EVs: commerce ministry
1 month, 2 weeks ago

China appeals to WTO over EU's final ruling of countervailing measures on Chinese EVs: commerce ministry

China Daily  

BEIJING -- China on Monday appealed to the World Trade Organization against the EU's final ruling of countervailing measures on Chinese electric vehicles, according to China's commerce ministry. China firmly opposes the final measures of the EU to impose high countervailing duties on Chinese-made EVs, despite a barrage of objections raised by relevant parties, including the governments of EU member …

Rising trade protectionism in the West disturbing
1 month, 3 weeks ago

Rising trade protectionism in the West disturbing

China Daily  

Hundreds of vehicles manufactured by Chery line up at a port of Wuhu, Anhui province, on March 10, awaiting export. The European Commission's decision to impose countervailing duties on Chinese-made electric vehicles is the latest protectionist move by Western economies which once championed free trade, but not anymore. The US is much worse than the EU in this regard, as …

EU tariffs on Chinese EVs serving no one's interest
1 month, 3 weeks ago

EU tariffs on Chinese EVs serving no one's interest

China Daily  

People visit the pavilion of Chinese carmaker BYD at the 2024 Paris Motor Show during the media day in Paris, France, Oct 14, 2024. Despite strong opposition from several member states, the European Commission has finalized its decision to levy tariffs on Chinese-made electric vehicles, which is a misguided trade protectionist measure hurting many but benefiting no one. The EU's …

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 …

The EU will impose duties on electric vehicle imports from China from Thursday
1 month, 3 weeks ago

The EU will impose duties on electric vehicle imports from China from Thursday

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Cooperation between China, Europe called key for future of electric vehicle industry
3 months ago

Cooperation between China, Europe called key for future of electric vehicle industry

China Daily  

Workers operate at a production line of SAIC-GM-Wuling in Liuzhou, Guangxi Zhuang autonomous region, in May. China has vowed to continue negotiations until the very last moment in response to the European Union's anti-subsidy probe into battery electric vehicles produced in China, Minister of Commerce Wang Wentao said on Wednesday. The future success of the automotive industry in both China …

Cooperation between China, Europe called key for future of electric vehicle industry
3 months ago

Cooperation between China, Europe called key for future of electric vehicle industry

China Daily  

Workers operate at a production line of SAIC-GM-Wuling in Liuzhou, Guangxi Zhuang autonomous region, in May. China has vowed to continue negotiations until the very last moment in response to the European Union's anti-subsidy probe into battery electric vehicles produced in China, Minister of Commerce Wang Wentao said on Wednesday. The future success of the automotive industry in both China …

Punitive tariffs on Chinese EVs would cause irreparable damage to trade ties: China Daily editorial
3 months ago

Punitive tariffs on Chinese EVs would cause irreparable damage to trade ties: China Daily editorial

China Daily  

With the European Union due to vote very soon on imposing tariffs of up to 35.3 percent on electric vehicles made in China, last-ditch efforts to prevent China-EU trade frictions escalating and causing damage to their mutually beneficial economic cooperation have gained a rising sense of urgency. "We don't need another trade war," Spanish Prime Minister Pedro Sanchez said during …

China open to further consultations concerning the EU's anti-subsidy case
3 months, 2 weeks ago

China open to further consultations concerning the EU's anti-subsidy case

China Daily  

BEIJING -- China's Ministry of Commerce on Tuesday expressed willingness to engage in further consultations with the European Union concerning the anti-subsidy case involving Chinese electric vehicles. The EV case is complex and has a wide impact, and there are certain challenges facing the quest for China and the EU to reach an agreement through consultation, the spokesperson noted, adding …

China open to further consultations concerning the EU's anti-subsidy case
3 months, 2 weeks ago

China open to further consultations concerning the EU's anti-subsidy case

China Daily  

Xinhua | Updated: 2024-09-10 20:35 BEIJING -- China's Ministry of Commerce on Tuesday expressed willingness to engage in further consultations with the European Union concerning the anti-subsidy case involving Chinese electric vehicles. The EV case is complex and has a wide impact, and there are certain challenges facing the quest for China and the EU to reach an agreement through …

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 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 …

EU tariffs trigger trade war concerns
4 months ago

EU tariffs trigger trade war concerns

China Daily  

Rental cars at an automobile rental depot of Europcar Mobility Group in Hamburg, Germany, in 2021. He argued that the EU's ambitious goal of net zero by 2050, along with an intermediate target of at least a 55 percent reduction by 2030, "implies deploying mass-market clean technology products like solar panels and electric vehicles in very large numbers". Two decades …

EU tariffs trigger trade war concerns
4 months ago

EU tariffs trigger trade war concerns

China Daily  

Rental cars at an automobile rental depot of Europcar Mobility Group in Hamburg, Germany, in 2021. He argued that the EU's ambitious goal of net zero by 2050, along with an intermediate target of at least a 55 percent reduction by 2030, "implies deploying mass-market clean technology products like solar panels and electric vehicles in very large numbers". Two decades …

China firmly opposes move on EV tariffs
4 months ago

China firmly opposes move on EV tariffs

China Daily  

The European Union's plan to impose definitive countervailing duties on imports of electric vehicles from China is likely to weaken Chinese investors' confidence in Europe and hinder the growth of the global green industry, said market watchers and industry leaders on Wednesday. The EV tariffs decision was based on facts determined unilaterally by the EU, rather than mutually recognized facts, …

Protectionism a lose-lose scenario
4 months ago

Protectionism a lose-lose scenario

China Daily  

LI MIN/CHINA DAILY Curbing politicization and securitization will benefit the EU's interests, the development of China-EU relations, and global development and security Over the past few years, the United States has relentlessly pressured its allies to comprehensively contain China, leading to dramatic shifts in global geopolitics. The EU's trade and economic policy toward China has become increasingly suspicious and defensive. …

Commission's wrong, unreasonable and noncompliant move not good for EU: China Daily editorial
4 months ago

Commission's wrong, unreasonable and noncompliant move not good for EU: China Daily editorial

China Daily  

China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. JIANG KEHONG/XINHUA The Chinese Commerce Ministry has denounced the European Commission for engaging in "unfair competition" under the guise of "fair competition", saying that it will take all necessary measures to defend the legitimate rights and interests of Chinese enterprises after the commission announced additional tariffs on Chinese …

Protectionism a lose-lose scenario
4 months ago

Protectionism a lose-lose scenario

China Daily  

LI MIN/CHINA DAILY Curbing politicization and securitization will benefit the EU's interests, the development of China-EU relations, and global development and security Over the past few years, the United States has relentlessly pressured its allies to comprehensively contain China, leading to dramatic shifts in global geopolitics. The EU's trade and economic policy toward China has become increasingly suspicious and defensive. …

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 …

Broad picture ties should stop the EU from imposing tariffs on Chinese EVs
5 months ago

Broad picture ties should stop the EU from imposing tariffs on Chinese EVs

China Daily  

Workers operate at a production line of the new energy vehicle AVATR at a workshop of Chang'an Auto in Jiangbei district, Southwest China's Chongqing Municipality, July 20, 2023. The huge divide among European Union member states over the provisional tariffs imposed by the bloc on imported Chinese electric vehicles highlights the great need for the EU to think twice before …

After NATO summit, Germany sees security risk in Chinese technology
5 months, 1 week ago

After NATO summit, Germany sees security risk in Chinese technology

China Daily  

A booth promotes Huawei's HarmonyOS during an expo in Shanghai. CHEN YUYU/FOR CHINA DAILY A news release from the German Federal Ministry of the Interior and Community on Thursday shows it has signed contracts with mobile network operators obligating the latter to stop using all critical components made by Huawei and ZTE in their 5G core networks by the end …

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 …

Tariffs expose multiple loopholes in EU rules
5 months, 3 weeks ago

Tariffs expose multiple loopholes in EU rules

China Daily  

People visit the 2024 Beijing International Automotive Exhibition in April. BEIJING — The European Commission's investigation into Chinese electric vehicles has exposed multiple loopholes in rules, business organizations and experts said. Serious flaws "There were serious flaws in the investigation process," said the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, an industry group representing …

China, EU expedite talks on EV tariffs
5 months, 3 weeks ago

China, EU expedite talks on EV tariffs

China Daily  

Chinese new energy vehicles on display during an auto expo in Brussels earlier this year. ZHAO DINGZHE/XINHUA China and the European Union are expediting consultations on the latter's anti-subsidy investigation into Chinese electric vehicles, and aim to reach a mutually acceptable solution by addressing the reasonable concerns of both sides, said China's Ministry of Commerce on Thursday. He said the …

EU, China head towards a ‘trade war’ over import tariff on electric vehicles
5 months, 3 weeks ago

EU, China head towards a ‘trade war’ over import tariff on electric vehicles

The Hindu  

The European Commission released this month its new tariff rates for battery-operated electric vehicles imported from China, which is being perceived as the start of a potential trade war between the European Union and China. The current EU tariffs on EVs have to be seen in that context,” said Mr. Campbell, noting that Brussels is naturally concerned about Chinese EV …

EU's EV tariff a political and economic gamble
5 months, 4 weeks ago

EU's EV tariff a political and economic gamble

China Daily  

JIN DING/CHINA DAILY Tariff impositions represent more than just economic conflicts; they embody political and diplomatic confrontations as well. Axiomatically, in June the European Commission announced provisional tariffs on electric vehicles imported from China, ranging from 17.4 percent to 38.1 percent, on top of the existing 10 percent tariff. The EU's motive behind announcing tariffs is clear: to protect its …

EU's EV tariff a political and economic gamble
5 months, 4 weeks ago

EU's EV tariff a political and economic gamble

China Daily  

JIN DING/CHINA DAILY Tariff impositions represent more than just economic conflicts; they embody political and diplomatic confrontations as well. Axiomatically, in June the European Commission announced provisional tariffs on electric vehicles imported from China, ranging from 17.4 percent to 38.1 percent, on top of the existing 10 percent tariff. The EU's motive behind announcing tariffs is clear: to protect its …

EU & China to hold talks over tariffs on electric vehicles
6 months ago

EU & China to hold talks over tariffs on electric vehicles

Firstpost  

The European Union has announced tariffs of up to 38% of Chinese electric vehicles The European Union and China have agreed to hold talks about the tariffs on Chinese electric vehicles. Over such unfair trade practices, the EU earlier this month announced that it’s slapping tariffs of up to 38 per cent on Chinese EVs. The announcement of the consultations …

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 …

China ready for dialogue on EVs if EU willing to talk: commerce minister
6 months ago

China ready for dialogue on EVs if EU willing to talk: commerce minister

China Daily  

BEIJING, June 22 -- China stands ready for dialogue and consultations on electric vehicles if the European Union is willing to sit down at the negotiating table with sincerity, Commerce Minister Wang Wentao said Saturday. China hopes that Germany will play a positive role in the EU, prompting the European side to meet China halfway, he told Habeck, who is …

China agrees to electric car tariff talks as EU fights to avoid trade war
6 months ago

China agrees to electric car tariff talks as EU fights to avoid trade war

The Telegraph  

The EU has clinched last-ditch talks with Beijing over plans to impose higher tariffs on Chinese imports of electric cars amid fears of a looming tit-for-tat trade war. Trade ministers from China and the European Commission agreed to start negotiations to settle a dispute over EU plans to raise tariffs on electric vehicle imports from China to up to 48pc. …

Voices grow against EU's protectionism
6 months ago

Voices grow against EU's protectionism

China Daily  

Chinese new energy vehicles on display during an auto expo in Brussels earlier this year. Though Chinese enterprises cooperated with the EU's probe to the extent possible and provided information as required, Brussels still decided to impose punitive tariffs, He said. The EU's move to impose hefty tariffs on Chinese EVs is a blatant protectionist measure and a politically motivated …

EU's EV tariffs will sabotage its ambition to be the leader of the green transition: China Daily editorial
6 months ago

EU's EV tariffs will sabotage its ambition to be the leader of the green transition: China Daily editorial

China Daily  

Vehicles from Chinese brands wait to be exported from a port in Suzhou, Jiangsu province. Following an investigation that concluded the Chinese electric vehicle industry "benefits from unfair subsidization", the European Commission has announced it is to impose additional tariffs of 17.4 percent to 38.1 percent on Chinese EV imports. Although Brussels has so far sounded like it does have …

Hopes visit will help drive settlement of EV dispute
6 months ago

Hopes visit will help drive settlement of EV dispute

China Daily  

German Economy and Climate Minister Robert Habeck attends the cabinet meeting at the Chancellery in Berlin, Germany, June 12, 2024. With the European Union and Beijing locked in a row about the EU's planned anti-subsidy tariffs on imports of Chinese electric vehicles, Robert Habeck, Germany's minister for economic affairs and climate action, is to visit China next week, said 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, …

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