China and the European Union (EU) have agreed to continue consultations over the ongoing anti-subsidy investigation into Chinese electric vehicles (EVs). This decision comes after representatives of EU Member States voted last Friday to pass the draft final ruling on the case.
The investigation has been a focal point in trade relations between China and the EU, with significant implications for the global EV market. The consultations aim to address concerns and find common ground to promote fair trade practices and cooperation in the rapidly growing EV sector.
In addition to discussions with the EU, China has engaged in intensive communication with the United States regarding trade issues involving EVs. Sources familiar with the matter indicate that these dialogues reflect China’s commitment to open dialogue and collaboration with key global partners in the EV industry.
The continued consultations between China and the EU are seen as a positive step towards resolving trade disputes and fostering a mutually beneficial relationship in the EV market. Stakeholders from both sides remain hopeful that ongoing discussions will lead to a fair and equitable outcome for all parties involved.
Reference(s):
China, EU to continue consultation on anti-subsidy case involving EVs
cgtn.com
