China again warns EU against separate talks with EV makers
Tweet
Share
E-mail
FILE PHOTO: Employees work on an electric vehicle (EV) production line during an organised media tour to a factory under Jiangling Group Electric Vehicle (JMEV), in Nanchang, Jiangxi province, China May 22, 2024. REUTERS/Kevin Krolicki/File Photo
BEIJING (Reuters) - China renewed warnings to the European Union that if the bloc conducts separate negotiations with electric vehicle companies while in talks with China, that would "shake mutual trust" and interfere with the overall negotiations, Chinese commerce ministry said on Monday.
The ministry issued a similar warning earlier this month, but this reiteration comes days after China and the EU agreed to hold further technical negotiations on possible alternatives to tariffs on Chinese electric vehicles (EV).
Both sides had clarified that price commitments would continue to be the solution to the dispute, and the ministry said the next phase of consultations have begun.
Beijing said last Friday that it "welcomed the EU team to come to China as soon as possible".
(Reporting by Liz Lee and Beijing newsroom; Editing by Himani Sarkar)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Pope Leo renews call for Ukraine war to end
- Yemen's Houthis attack Saudi refinery after kingdom signs defence pact
- Taiwan's 2027 defence spending to rise 16%, official media reports
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
