AFP Asia Business
Beijing files WTO complaint over EU’s new taxes on Chinese EVs
Beijing said Wednesday it had lodged a complaint with the World Trade Organization over the European Union’s decision to impose hefty tariffs on Chinese-made electric cars.The extra taxes of up to 35 percent were announced Tuesday after an EU probe found Chinese state subsidies were undercutting European automakers, but the move has faced opposition from …
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China’s second-generation factory owners go digital to combat challenges
Dressed in a pristine white knit top, Robyn Qiu cut an incongruous figure in her parents’ dusty, hangar-like metal hardware factory in eastern China as she gestured excitedly while an assistant filmed her on a smartphone.The 29-year-old is one of many second-generation factory owners fighting to elevate the country’s manufacturing sector, pitting digital native skillsets …
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EU’s extra tariffs of up to 35.3% on Chinese EVs angers Beijing
The EU’s decision to impose hefty tariffs on Chinese-made electric cars prompted anger from Beijing on Wednesday, after an anti-subsidy probe concluded China’s support undercut European automakers.The extra taxes have been controversial, with strong opposition from Germany and Hungary amid fears of provoking China’s ire and setting off a bitter trade war.Beijing slammed the European …
EU’s extra tariffs of up to 35.3% on Chinese EVs angers Beijing Read More »
EU slaps extra tariffs of up to 35.3% on Chinese EVs
The EU on Tuesday decided to impose hefty tariffs on Chinese-made electric cars after an anti-subsidy probe concluded Beijing’s support undercut European automakers. The extra taxes have been controversial, with strong opposition from Germany and Hungary amid fears of provoking China’s ire and setting off a bitter trade war.Beijing previously slammed the European Union’s “unfair” and …
EU slaps extra tariffs of up to 35.3% on Chinese EVs Read More »