China issues warning to EU Commission over electric vehicle probe

euronews (in English)

China has warned the EU Commission that an investigation into electric vehicles could damage business relations and increase prices for European car buyers

Transcript

00:00 China has warned that the EU Commission's launch of an anti-subsidy probe into Chinese

00:07 electric vehicles could harm bilateral trade and raise prices for European consumers.

00:13 The investigation was announced by Commission President Ursula von der Leyen during her

00:17 State of the Union address to Parliament on Wednesday.

00:21 China responded by urging the Commission not to resort to what it called unilateral trade

00:26 tools to block China's EVs in the EU and raise their costs.

00:32 Chinese investment in Europe was among the issues discussed in a meeting between von

00:35 der Leyen and China's Prime Minister at the recent G20 summit.

00:40 Brussels is trying to steer a difficult course of boosting trade with China without undermining

00:45 European producers.

00:47 It accuses Beijing of swamping European markets with unfairly subsidised electric vehicles

00:53 to the detriment of domestic car makers.

00:56 China denies the claim.

00:57 [WHOOSH]

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