Chinese business group urges fairness in EU tariff measures on EVs

A delegation from the automotive working group of the China Chamber of Commerce to the European Union (CCCEU) has urged EU officials to ensure fair market access for Chinese electric vehicle (EV) manufacturers.

During discussions with European policymakers on Tuesday and Wednesday, representatives from the CCCEU's automotive working group voiced concern that external political pressure could exert a "spillover effect" on EU policy decisions, potentially shifting the bloc's approach from "de-risking" to "decoupling" from China.

They expressed concerns that Chinese products might have to face restrictions in the European market, and that escalating EU-U.S. trade tensions could affect the stability of the European market.

The CCCEU representatives noted that the European Commission's decision to impose additional tariffs on Chinese-made EVs contradicts the EU's climate ambitions by restricting access to affordable zero-emission vehicles.

Chinese EV companies offer competitive, clean transportation solutions and should be granted fair and equitable market access in Europe, the group said.

The group expressed hope that negotiations over EV price caps would lead to a mutually acceptable agreement, bringing greater certainty to bilateral and global trade.

In addition, the delegation raised concerns about increasing regulatory barriers facing Chinese investors, citing the EU's foreign subsidies regulation and foreign direct investment screening framework.

They called for more transparency and impartiality in the development of future legislation, including the upcoming EU automotive industry action plan.

Chinese business group urges fairness in EU tariff measures on EVs

Chinese business group urges fairness in EU tariff measures on EVs

Chinese business group urges fairness in EU tariff measures on EVs

Chinese business group urges fairness in EU tariff measures on EVs

Chinese business group urges fairness in EU tariff measures on EVs

Chinese business group urges fairness in EU tariff measures on EVs

South Korean President Lee Jae Myung said on Wednesday that Seoul firmly adheres to the one-China principle, in comments made ahead of his upcoming state visit to China.

The remarks were made in an interview with China Media Group (CMG). The visit is scheduled for Jan 4–7.

"The consensus reached between governments of the Republic of Korea and China when diplomatic relations were established continues to be the fundamental principle governing our relations, and its effectiveness remains steadfast. I want to clearly state that the ROK has always adhered to the one-China principle. Maintaining peace and stability in regional matters, including in Northeast Asia and concerning the Taiwan issue, holds significant importance to us," said Lee.

"The foundational relationship between the ROK and China was established on a very principled and fundamental basis from the beginning. It is clear that the ROK government has always adhered to this position and has never wavered from it. I believe that the sound development of ROK-China relations depends on both sides fully respecting each other's core interests and being mutually tolerant of each other's positions. In this context, we will, as always, uphold the one-China principle as the Taiwan issue is China's most fundamental concern," he said.

ROK president reiterates firm adherence to one-China principle