June 23, 2024

China and the EU on Saturday agreed to launch consultations on the anti-subsidy investigation into Chinese electric vehicles (EVs). Chinese observers said the move underscores China's utmost sincerity in seeking to resolve trade disputes through talks, while showing EU officials' concerns about the adverse impact on European companies and consumers if the European Commission (EC) pushes ahead with its politically-driven tariff scheme.

Observers said the best outcome the Chinese side wants is that the EC, the executive body of the EU, scrap its tariff decision before July 4 and abide by WTO rules. 

They urged the EU to address disputes from facts and China-EU economic and trade cooperation rather than being disrupted by political factors, especially US pressure.

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