Beijing says the ‘normal trade and investment’ of China’s carmakers in Europe will be supported.
China will continue to support the “normal trade and investment” of Chinese carmakers in Europe despite a spat over tariff hikes, the Ministry of Commerce (Mofcom) said as it still seeks to negotiate toward a resolution on levies that kicked in for Chinese electric vehicles (EVs) this week.
At a regular news briefing on Thursday, Mofcom spokesman He Yadong responded to a report alleging that China had told its car manufacturers to halt big investments in the European countries that supported tariffs on Chinese EVs.
