China Takes Action Against EU Anti-Subsidy Duties on Electric Vehicles
China has officially lodged a complaint with the World Trade Organization (WTO) in response to the European Union's recent decision to impose anti-subsidy duties on Chinese electric vehicles (EVs). This move, announced by the Ministry of Commerce, aims to safeguard the rights and interests of China's burgeoning electric car industry. According to a statement reported by Bloomberg News Agency, the ministry criticized the EU's provisional ruling, claiming it lacks both factual and legal grounding and significantly undermines global cooperation on climate change.
The spokesperson for the Ministry of Commerce emphasized the need for the European Union to rectify its actions swiftly, highlighting the importance of maintaining economic cooperation and the stability of the electric vehicle supply chain between China and the EU. This complaint comes at a time when relations between Beijing and the EU are at a historic low, exacerbated by the bloc's alignment of its policies towards China with those of the United States.
The EU's investigation, concluded last July, determined that Chinese EVs receive unfair support, posing a threat to the European automotive industry. Consequently, the EU has imposed additional fees averaging around 37.6% on various manufacturers. However, disputes brought before the WTO can take years to resolve, and the possibility of appeals remains uncertain due to the ongoing blockage of new expert appointments by the United States, which has been advocating for reforms within the WTO.
