China has warned the EU Commission that an investigation into electric vehicles could damage business relations and increase prices for European car buyers
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00:00 China has warned that the EU Commission's launch of an anti-subsidy probe into Chinese
00:07 electric vehicles could harm bilateral trade and raise prices for European consumers.
00:13 The investigation was announced by Commission President Ursula von der Leyen during her
00:17 State of the Union address to Parliament on Wednesday.
00:21 China responded by urging the Commission not to resort to what it called unilateral trade
00:26 tools to block China's EVs in the EU and raise their costs.
00:32 Chinese investment in Europe was among the issues discussed in a meeting between von
00:35 der Leyen and China's Prime Minister at the recent G20 summit.
00:40 Brussels is trying to steer a difficult course of boosting trade with China without undermining
00:45 European producers.
00:47 It accuses Beijing of swamping European markets with unfairly subsidised electric vehicles
00:53 to the detriment of domestic car makers.
00:56 China denies the claim.
00:57 [WHOOSH]