tradewar
China has decried an EU decision to hike tariffs on Chinese electric vehicles as "a blatant act of protectionism". The European Commission, the EU's executive arm, said that starting from early July, it would impose provisional tariffs that would slap Chinese automakers with additional duties as high as 38%, up from the current level of 10%, if talks with China do not lead to an effective solution. Chinese Ministry of Commerce spokesperson He Yadong blasted the move on Thursday. “It will not only damage the legitimate rights and interests of China's electric vehicle industry, disrupt the mutua...
Euronews (English)
China has launched an "anti-dumping" investigation into chemical imports, in what appears to be a response to trade barriers introduced by the EU, the US and other countries. Polyoxymethylene copolymer, a plastic widely used in electronics and cars, is being sold at an unfairly low cost in China, therefore causing damage to domestic companies, said China's Ministry of Commerce. The investigation will focus on imports from the US, the EU, Taiwan and Japan, and could take up to 18 months to complete. Scholz’s visit to China: Balancing distance and diplomacy EU launches probe into Chinese solar p...
Euronews (English)
The German chancellor Olaf Scholz held talks with the Chinese President Xi Jinping this week, as well as holding discussions with business leaders across China. The trip marked Scholz’s second visit to the Asian nation since he became Chancellor, and the first since Germany unveiled its "China strategy". The tough-worded policy, which focuses on reducing Berlin’s reliance on Beijing, was branded a "miscalculation" by Chinese officials last year. As the leader of Germany’s biggest trading partner, Xi Jinping has frequently stressed the benefits of friendly relations. During Scholz’s recent bila...
Euronews (English)
China has begun phasing out US microprocessors from government computers and servers, according to a report in the Financial Times. The move will include stopping using those from Intel and AMD, as well as Microsoft's Windows operating system, the report said. From this year onwards, government agencies above local level will have to follow new procurement guidance with criteria requiring "safe and reliable" processors and operating systems. China's semiconductor production challenges could be boon for EuropeDoing business in China getting tougher, European business group saysInstructions were...
Euronews (English)
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