China on Oct 30 said it did not "agree with or accept" hefty new European Union tariffs on Chinese-made electric vehicles (EVs) after an anti-subsidy probe concluded that Beijing's support undercut European automakers.
"China does not agree with or accept the ruling, and has filed a complaint under the WTO (World Trade Organisation) dispute settlement mechanism," a spokesperson for Beijing's Commerce Ministry said.
"China will... take all necessary measures to firmly protect the legitimate rights and interests of Chinese companies," added the spokesperson.
"We also noticed that the EU side indicated it would continue to negotiate with China on price commitments," said the spokesperson, adding that Beijing hoped to find a "solution acceptable to both sides as soon as possible to avoid escalating trade friction".
China launched its own probes in 2024 into imports of EU brandy, dairy and pork products in apparent retaliation.
The EU on Oct 29 announced that it would increase tariffs on Chinese-built EVs to as much as 45.3 per cent, amid the end of its highest-profile trade investigation, which has divided Europe and prompted retaliation from Beijing.
Once these tariffs come into effect, they will be definitive and last for five years.
この記事は The Straits Times の October 31, 2024 版に掲載されています。
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この記事は The Straits Times の October 31, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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