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China Will Not Sit Idle On EU EV Tariffs

CHINA PRESS

Beijing will not sit idle should the EU implement tariffs against Chinese EVs, Mao Ning spokesperson at the Ministry of Foreign Affairs told reporters. Xinhua news reports three senior German officials have spoken out against tariffs, noting potential damage to the German economy. Great Wall Motors announced the closure of its EU HQ in Munich, with Yicai blaming the market situation and protectionist measures. (Source: Yicai)

MNI Beijing Bureau | lewis.porylo@marketnews.com

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