February 27, 2024 05:59 GMT
MNI BRIEF: Wang Tells Dombrovskis China Unhappy With EV Probe
MNI (BEIJING)
MNI (Beijing)
Beijing remains unhappy with the European Union probe into its electric vehicle subsidies because it lacks a factual basis, Minister of Commerce Wang Wentao has told EU Trade Commissioner Dombrovskis on Tuesday.
The two officials met at the Ministerial Conference of the World Trade Organisation, with Wang telling EU counterparts China and the EU support the multilateral trading system and should work together to improve dispute settlement, fishery subsidies, investment facilitation, and e-commerce.
Beijing could offer to move some electric-vehicle production to the EU as part of a long-term deal to avert a trade war, a Chinese policy advisor and international affairs expert recently told MNI. (See MNI: China Plans EU EV Production To Avoid Trade War)
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