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Europe and the United States may take steps against China’s electric vehicles. China’s Foreign Ministry: Losing development will bring the world down

face chinaElectric CarWhile developing abroad, Europe and the United States feel threatened.European UnionIt has launched a countervailing investigation into mainland electric vehicles, and the United States is considering restricting imports of Chinese electric vehicle parts through means other than tariffs. In this regard, Chinese Foreign Ministry spokesman Mao Ning said at a regular press conference on the 20th that relevant countries have built “small courtyards and high walls” in the name of “reducing risks.” They do not try to run fast, but instead try to make it seem as if they have won, but in reality they have lost their long-term development and even pulled down the world’s progress and prosperity.

“The data you mentioned about China’s automobile exports shows the high-quality development of China’s manufacturing industry and the vitality of technological innovation.” Mao Ning said that division of labor, cooperation, mutual benefit and win-win are the key characteristics of the automobile industry chain. The fast-moving development provides high quality, cost-effective products to global consumers. One in three cars exported by China is an electric car, which has also made a positive contribution to the world’s green and low-carbon transition.

Mao Ning emphasized that China has always believed that all parties should unite rather than divide, cooperate rather than confront, and remain open rather than closed. We must take into account the interests of others while protecting our own, promote common development while developing our own, create an international, market-oriented and rule-of-law environment for economic and trade cooperation, and promote economic globalization. Should be promoted. A more inclusive direction.

wall StreetEuropean Commission President Ursula von der Leyen said China clearly has excess capacity, which will be used for exports, the daily reported; Especially if overcapacity is caused by direct and indirect subsidies. The Commission is also concerned that European auto giants will be harmed by China’s emerging competitors, so it launched a counter-investigation into Chinese automakers in September last year.

The British Financial Times reported that two senior US Treasury officials said that during a recent visit to China by a US delegation it was made clear that Washington had warned Beijing that if China destroys its industrial capacity by dumping goods on the international market, If attempts to reduce capacity issues, action will be taken there.

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