China Steps Up Dialogue Amid Electric Vehicle Trade Spat
Chinese officials have rolled out the red carpet 🚗 for a European technical team to discuss controversial tariffs on electric vehicles (EVs), signaling a push to ease trade tensions. The Chinese Ministry of Commerce confirmed the invitation Thursday, stating they've 'made all necessary preparations' for the visit.
Progress & Roadblocks
Spokesperson He Yadong revealed both sides have achieved 'significant progress' during eight rounds of talks since September 20. But major hurdles remain: the EU hasn't addressed key concerns raised by Chinese and European automakers, according to Beijing.
💡 Why it matters: The EU's provisional tariffs—approved October 4—could reshape the global EV market. China exported over $10B worth of EVs to Europe last year alone.
What’s Next?
While China emphasizes 'maximum sincerity' in negotiations, analysts say the ball is now in the EU's court. Will Brussels send its technical team? The answer could determine whether this trade tiff escalates or ends with a handshake deal 🤝.
