BEIJING: Beijing wants the European Union to scrap its preliminary tariffs on Chinese electric vehicles by Jul 4, China's state-controlled Global Times reported, after an agreement by both sides to hold ne
Flags of European Union and China are pictured during the China -EU summit at the Great Hall of the People in Beijing, China , on Jul 12, 2016. BEIJING: Beijing wants the European Union to scrap its preliminary tariffs on Chinese electric vehicles by Jul 4, China 's state-controlled Global Times reported, after an
Both sides agreed to restart tariff talks after a call between EU Commissioner Valdis Dombrovskis and Chinese Commerce Minister Wang Wentao on Saturday duringThe best outcome of the talks is that the EU scraps its tariff decision before Jul 4, Global Times reported late on Sunday, citing observers. "When European Commission President Von der Leyen announced she would investigate China's new energy vehicles ... I had an intuitive feeling it was not only an economic issue but also a geopolitical issue," said Zhang Yansheng, chief research fellow at the China Center for International Economic Exchanges.
Beijing and Brussels came to blows again that year when China downgraded diplomatic ties with Lithuania and told multinationals to sever relations with the Baltic state after Vilnius invited democratically governed Taiwan, which China claims as part of its territory, to open a representative office in the capital.
Chinese authorities have dropped hints about possible retaliatory measures through state media commentaries and interviews with industry figures.
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