China rebukes EU after formal launch of EV subsidy probe

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China rebukes EU after formal launch of EV subsidy probe
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SINGAPORE/BRUSSELS - China complained on Wednesday about the “very short” time provided by the European Union to engage in consultations for the bloc’s inquiry into subsidies for electric vehicles. Read more at straitstimes.com.

The EU has formally launched a probe into whether to set tariffs to shield EU producers from a “flood” of imports of cheaper Chinese electric vehicles.

The Chinese side has not been given adequate consultation materials, it said, and would pay close attention to the Commission’s investigative procedures so as to safeguard the rights and interests of its firms. The formal launch of the EU investigation came with an announcement in the bloc’s official journal, which said China had been invited for consultations, although it did not give a timeframe for those talks.

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