China's Commerce Minister Wang Wentao has fired back at Europe's anti-subsidy investigation into Chinese electric vehicles (EVs), calling it a case of 'excessive anxiety' rather than genuine trade concerns. 🚨 In a fiery statement during high-level talks in Madrid, Wang accused the EU of embracing 'distorted' narratives to justify protectionist policies that could derail green energy collaboration.
🔍 The drama unfolded at the China-Spain Joint Economic Committee meeting, where Wang clashed with the EU's claims of 'overcapacity' in China's EV sector. 'It’s not about excess production—it’s about excess Western nerves,' he argued, likening the tension to a tech rivalry straight out of a Netflix thriller. 📉
Spain's Economy Minister Carlos Cuerpo, however, played mediator, pledging to deepen ties in renewables, automotive tech, and medical equipment. 🤝 'Think Tesla meets Iberdrola, but with fewer plot twists,' one analyst quipped about the potential for Sino-Spanish partnerships.
⚡ Why it matters: With China dominating 60% of global EV sales, this clash could reshape the clean energy race. Wang urged Europe to 'drop the anxiety act' and collaborate—a message that resonated with young climate advocates trending #GreenTechUnity on TikTok.
🌱 What’s next? Both sides agreed to keep talking, but the real test will come as EU voters pressure leaders to protect local jobs vs. accelerating decarbonization goals. Stay tuned—this trade telenovela isn’t over yet! 📺
Reference(s):
cgtn.com