China, in response to the European Union's decision to impose additional tariffs on Chinese-made battery electric vehicles, will take all necessary actions to safeguard the legitimate rights of Chinese companies, the Ministry of Commerce said on Thursday, which has led analysts to say retaliatory measures are possible.
China’s top diplomat Wang Yi had a message for his European counterparts over the weekend: no matter how the world changes, China will be “consistent and stable.”
China’s top diplomat Wang Yi had a message for his European counterparts over the weekend: no matter how the world changes, China will be “consistent and stable.”
China directed more outbound foreign direct investment in Europe toward greenfield projects last year as witnessed by a broader investment agenda for electric vehicle battery factories, which experts said will better accommodate European carmakers and help Chinese firms go global.
Chinese investment in Europe plunged by more than a fifth last year to a decade low as a shift toward greenfield investments in electric-vehicle batteries only…