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.
Denne historien er fra October 31, 2024-utgaven av The Straits Times.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra October 31, 2024-utgaven av The Straits Times.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
A TASTE OF THE WILD WEST IN SPAIN
A cowboy collapses after gunshots ring out outside a saloon. This is not America's Wild West, but Spain's arid Almeria region, long a popular backdrop for western movies.
Interactive Harry Potter art experience comes to Sentosa
Fans of Harry Potter, get ready to visit Hogwarts and the rest of the wizarding world in November.
Seventeen brings world tour here in January
After BTS, Blackpink and Stray Kids, Seventeen will be the next K-pop act to play at the National Stadium in Singapore.
Disney and Pixar topiaries debut at Gardens by the Bay
Ring in the holiday season with beloved characters from Disney and Pixar.
Singapore Fringe Festival faces closure as M1 ends donorship in 2025
The M1 Singapore Fringe Festival (MISFF) is facing an uncertain future as its title donor, Singapore-based telco M1 Limited, will end its financial support after the festival's 21st edition in 2025.
Chef Jimmy Lim of Taiwan's three-Michelin-starred JL Studio to cook in Singapore
Running a three-Michelin-starred restaurant and being a new dad are serious pieces of business.
Singapore Scene: Regina Song The Cutest Pair
Singer-songwriter Regina Song, 20, is shaping up to be one of the local scene's fastest-rising names.
Chart Champ: Coldplay Moon Music
British band Coldplay's 10th album cements their status as music industry juggernauts.
Ace Album: Halsey The Great Impersonator
In her fifth album, American singer Halsey channels some of the most iconic music personalities of the last few decades.
Stream This Song: The Cure - Alone
After 16 years, seminal British band The Cure are finally back with a new song.
