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Beijing blasts 'protectionist' EU probe as China EV stocks slip

Beijing blasts 'protectionist' EU probe as China EV stocks slip
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Bruxelles Capitale , Cui Dongshu , China Ministry Of Commerce , European Commission , China Passenger Car Association , Eurasian Group , Commission President Ursula , Internal Studies ,

Shares of Chinese EV makers slide after EU probe into subsidies

SHANGHAI/HONG KONG (Reuters) -Hong Kong-listed shares of Chinese electric vehicle (EV) makers fell on Thursday after the European Commission launched an investigation into Chinese EV subsidies, escalating EU-China tensions and prompting analysts to warn of retaliatory action. European Commission President Ursula von der Leyen announced the investigation on Wednesday, accusing China of flooding global markets with electric cars that had artificially low prices because of huge state subsidies. Eurasia Group analysts said the probe underscored growing protectionist tendencies in Europe and they believed the EU could eventually levy tariffs if the investigation found harm from Chinese subsidies. ....

Bruxelles Capitale , Hong Kong , Brenda Goh , Li Qiang , Anne Marie Roantree , Donny Kwok , Cui Dongshu , Tom Hogue , China Passenger Car Association , Chinese Chamber , European Commission , Hong Kong Listed , Commission President Ursula , Geely Auto , New Delhi , Chinese Premier Li Qiang , Internal Studies , Ryan Woo , Jamie Freed , Ursula Von Der Leyen ,

Shares of Chinese EV makers fall after EU opens anti-subsidy probe

European Commission President Ursula von der Leyen announced the investigation in her annual address to lawmakers on Wednesday, saying: "Global markets are now flooded with cheaper electric cars. And their price is kept artificially low by huge state subsidies." ....

Hong Kong , Anne Marie Roantree , Donny Kwok , Tom Hogue , European Commission , Chinese Chamber , Hong Kong Listed , Commission President Ursula , Geely Auto , Internal Studies , Jamie Freed , Chinese Ev Makers , Anti Subsidy , Global Markets , Hong Kong Shares ,