EU requested ‘unprecedented’ amount of information from Chinese EV companies, China Commerce Ministr

(20 Jun 2024)
RESTRICTION SUMMARY:

ASSOCIATED PRESS
Beijing, China – 20 June 2024
1. He Yadong, spokesperson for the Chinese Commerce Ministry, arriving at briefing
2. Wide of reporters
3. SOUNDBITE (Mandarin), He Yadong, spokesperson for the Chinese Commerce Ministry:
"According to the companies, during the anti-subsidy investigation on Chinese electric vehicles, the European Commission requested a large amount of information on their production and operation, development planning, technical craft, and product formulas among other aspects from Chinese electric vehicle and battery companies."
4. Various of reporters
5. SOUNDBITE (Mandarin) He Yadong, spokesperson for the Chinese Commerce Ministry:
"The types, scope, and amount of information collected by the European side are unprecedented, far exceeding the requirements of anti-subsidy investigations. During the investigation, the European Commission repeatedly stated that failure to cooperate would face unfavorable rulings and forced companies to provide the above information. After Chinese companies did their best to cooperate with the investigation and provided information, the European Commission still unreasonably accused Chinese companies of not fully cooperating and imposed punitive high tax rates."
6. Various of briefing
7. SOUNDBITE (Mandarin) He Yadong, spokesperson fort the Chinese Commerce Ministry
"Chinese companies were shocked and disappointed. The relevant practices by the European side lack factual and legal basis, disregard WTO rules, and undermine fair competition, global green transformation, and open cooperation. China firmly opposes this and will take all necessary measures to firmly defend the legitimate rights and interests of Chinese companies."
8. Wide of briefing
9. SOUNDBITE (Mandarin) He Yadong, spokesperson for the Chinese Commerce Ministry:
"The Ministry of Commerce has legally initiated an anti-dumping investigation on imports of pork and by-products from the European Union on June 17, 2024. According to WTO rules and China’s anti-dumping regulations, it’s confirmed from our preliminary investigation that the dumping is established and causes damage to domestic industries. Temporary anti-dumping measures can be taken after the preliminary ruling. After the investigation is completed, the Ministry of Commerce will make a final ruling, and anti-dumping duties may be levied if it meets the relevant regulations."
10. Various of briefing
STORYLINE:
China’s Commerce Ministry said that the European Commission requested an "unprecedented" amount of detailed information from Chinese electric vehicle companies during the anti-dumping investigation.

He Yadong, a spokesperson for the Commerce Ministry said during a press briefing on Thursday that the move undermined fair competiton and went against the World Trade Organisation’s rules.

Chinese companies were requested to provide the European Commission with details including raw materials for batteries, production costs, pricing and sales channels, Yadong explained.

The European Union moved to hike tariffs on electric vehicles made in China last Wednesday. EVs are the lastest flash point in a broader trade dispute over Chinese government subsidies and the the country’s burgeoning exports of green technology to the EU.

"The types, scope, and amount of information collected by the European side are unprecedented, far exceeding the requirements of anti-subsidy investigations," Yadong said.

The ministry announced on Monday that it was opening an anti-dumping investigation into pork imports from Europe.

Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Twitter: https://twitter.com/AP_Archive
Facebook: https://www.facebook.com/APArchives ​​
Instagram: https://www.instagram.com/APNews/

You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/aea1316f00c54096aad1e5e15a8894ad

Renegade_Rcih
Greetings I'm Renegade Rich, I own lots of websites and domain names. one of my favorite news type of sites are news sites. So I own lots of news sites and news domain names. My lates is https://news.post.in 😁