Updated
Updated · Bloomberg · Jun 29
China Says It Can Withstand EU Trade Freeze as EV Subsidy Probe Hardens Stance
Updated
Updated · Bloomberg · Jun 29

China Says It Can Withstand EU Trade Freeze as EV Subsidy Probe Hardens Stance

2 articles · Updated · Bloomberg · Jun 29

Summary

  • China said it could endure a further deterioration—or even a freeze—in economic and trade ties with the European Union if talks are treated as a formality.
  • Yuyuantantian, a social-media account affiliated with state broadcaster CCTV, said the EU shifted its approach after the electric-vehicle subsidy probe and is now using pressure and conditions to strengthen its negotiating position.
  • The account accused the bloc of acting as a “rule-breaker,” arguing its claimed normative power is weakening as it increasingly writes rules that create barriers to approvals and market access.
  • The remarks signal Beijing is framing any deeper trade rupture with Europe as manageable, even as the EV dispute broadens into a wider challenge over market access and negotiating leverage.

Insights

Will Europe's protectionist push against Chinese green tech unintentionally sabotage its own ambitious climate goals?
As France and Germany clash over China policy, can the EU maintain a united front in a trade war?
With China now invoking anti-sanction laws, are European firms in China the next target for retaliation?