Donald Trump’s return to the White House could present a chance for China and Europe to mend trade ties, the EU ambassador to Beijing has said, while warning of geopolitical “choppy waters ahead”. “What happened a couple of days or three days ago in the US may change … the global landscape but it can…
China will continue to dominate the global clean energy market with its exports of solar panels, wind turbines, batteries, and electric vehicles (EVs) on track to triple in the coming decade, according to an analysis published this week by the International Energy Agency (IEA). The country’s clean technology exports are expected to exceed US$340 billion…
The double crunch could still be avoided but conditions were only to get tougher for Beijing, according to analysts. A top rate of 35.3 per cent will apply to EVs from Chinese-state owned SAIC Motor and its subsidiaries, on top of a baseline 10 per cent duty that applies to all EV imports, which by…
A trade war between China and the European Union was set to intensify after Beijing said it had lodged a complaint with the World Trade Organization following a move by the European Union to hike tariffs on Chinese-made electric vehicles. China’s commerce ministry on Wednesday said in a statement that it “does not agree with…