9/8/2024–|Last update: 9/8/202406:56 PM (Makkah Time)
China has formally filed a complaint with the World Trade Organization over the European Union’s decision to impose anti-subsidy duties on Chinese electric vehicles.
China referred the case to the World Trade Organization’s dispute settlement mechanism on Friday, according to a statement from the Ministry of Commerce.
The ministry added that the aim is to protect the rights and interests of developing the electric car industry, according to the statement reported by Bloomberg News Agency.
“The ruling in the EU’s interim conclusion lacks a factual and legal basis, seriously violates WTO rules and undermines global cooperation on climate change,” a ministry spokesman added.
“We urge the EU to immediately correct its mistakes and work together to safeguard economic and trade cooperation between China and the bloc, as well as the stability of the electric vehicle supply chain,” the spokesman added.
Relations between Beijing and the bloc have hit a low in recent months, as the bloc aligns its policy toward China closer to that of the United States on Beijing.
It is noteworthy that after months of investigations, Brussels reached the conclusion last July that electric cars receive unfair support in China, and that imports from the country endanger the industry in the European Union.
The additional fees imposed on various manufacturers amount to about 37.6%.
Cases brought before the WTO’s Dispute Settlement Body often last for years.
In theory, those involved can appeal the rulings, but this mechanism has not worked for years because the United States has blocked the appointment of new experts as part of a campaign to secure WTO reform.
