China urges EU to reverse ‘wrong practices’ on EV tariffs

News Snapshot:

Open this photo in gallery: An EV charging station in Beijing, on Feb. 2.Florence Lo/Reuters Beijing on Thursday slammed EU tariffs on Chinese electric vehicles as protectionist behaviour and said it hoped the European bloc would correct its “wrong practices” and handle trade frictions through dialogue. The reaction from China and others embroiled in the dispute, including European and Chinese car makers, points to clear opposition to the EU decision and an eagerness to de-escalate the situation. Industry insiders say both Europe and China have reasons for wanting to strike a deal in the months ahead to avoid the addition...