China and the European Union have a robust "symbiotic" economic relationship and Beijing hopes the bloc can become "a trustworthy partner for cooperation", President Xi Jinping told European Council President Antonio Costa on Tuesday.
Also in today’s newsletter, Vanke’s crisis reignite fears for China’s property sector, and Tesla sues EU over tariffs on EVs from China
The European Union needs to do more to keep up with the US and China, according to Economics Commissioner Valdis Dombrovskis.
BRUSSELS -- Tesla and BMW have joined Chinese electric vehicle (EV) manufacturers in challenging the European Union's (EU) tariffs on Chinese-made EVs, filing cases with the Court of Justice of the European Union (CJEU), according to the court's website.
The European Union will resume its World Trade Organization case against China over the alleged economic coercion of Lithuania. The bloc's executive arm, the European Commission, said on Friday it had requested a resumption at the Geneva trade courts,
The Trump administration is discussing a 10% punitive duty on Chinese imports. Trump said the EU also has troubling trade surpluses with the United States.
French ministers are calling for the European Commission to immediately suspend standards for car emissions on the grounds that the regulation benefits Chinese manufacturers and Tesla Inc.
German Chancellor Olaf Scholz on Tuesday divulged that the commission was considering an EU subsidy programme that he had proposed. The German government scrapped its own scheme abruptly in 2023, leading to a plunge in EV sales.
The European Union is set to buy time in its case against China at the World Trade Organization over allegations of economic coercion targeting Lithuania, according to people familiar with the matter.
BRUSSELS — Elon Musk’s Tesla will face off with the European Commission in court in Luxembourg after joining three Chinese carmakers in suing the bloc over duties on made-in-China electric vehicles, two industry sources told POLITICO on Friday.
Chinese electric vehicle makers BYD , Geely and SAIC have challenged the EU's import tariffs at the Court of Justice of the European Union (CJEU), filings on the court's website showed on Thursday.