KONTAN.CO.ID - 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. The remarks came as the European Commission formally launched the investigation into whether to set tariffs to shield EU producers from a "flood" of imports of cheaper Chinese electric vehicles (EV) it says benefit from state subsidies. China is "very much dissatisfied" with the anti-subsidy investigation as it lacks adequate evidence and does not conform to World Trade Organization rules, the country's commerce ministry said in a statement.
China Rebukes EU After Formal Launch of EV Subsidy Probe
KONTAN.CO.ID - 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. The remarks came as the European Commission formally launched the investigation into whether to set tariffs to shield EU producers from a "flood" of imports of cheaper Chinese electric vehicles (EV) it says benefit from state subsidies. China is "very much dissatisfied" with the anti-subsidy investigation as it lacks adequate evidence and does not conform to World Trade Organization rules, the country's commerce ministry said in a statement.