Now playing Next Business China's EV exports slow in June as EU imposes tariffs China’s new energy vehicle (NEV) exports grew at a slower pace in June due to the EU’s new tariffs on Chinese EV imports. However, this impact may only be temporary, according to industry officials. 09/07/2024
Now playing Next Business Volkswagen hits back at EU tariffs on Chinese electric vehicles German auto manufacturers such as Volkswagen and BMW have increasingly warned about the potential adverse effects of EU tariffs on the European auto industry’s competitiveness down the line, as well as their own operations in China. 05/07/2024
Now playing Next Business Germany halts the planned sale of VW's gas turbine business to China This move, although made to protect Germany and the EU’s sensitive technology, has also raised concerns about Germany’s competitiveness in the international market. 04/07/2024
Now playing Next Europe News EU confirms steep tariffs on Chinese electric vehicles Brussels accuses Beijing of lavishing its car-makers with enormous amounts of subsidies that lead to artificially low prices and unfair competition. 04/07/2024
Now playing Next Business EU targets the likes of Temu and Shein with cheap goods crackdown Cheap products from China are currently exempt from EU import duties, although FT sources say this could soon change. 03/07/2024
Now playing Next Europe News Chinese and Polish Presidents meet for bilateral talks Chinese President Xi Jinping met with his Polish counterpart Andrzej Duda in Beijing on Monday. 24/06/2024
Now playing Next Economy EU and China agree to negotiate on tariffs as EV row rumbles on Officials from both sides finally agree to hold consultations, signalling progress could be made on finding a way to end the subsidy spat. 24/06/2024
Now playing Next Business Beijing protests EU tariff increase on Chinese electric vehicles Beijing strongly opposes the EU's decision to increase tariffs on their electric vehicles amid efforts by European automakers to forge joint ventures with Chinese counterparts to mitigate the tariff impact. 20/06/2024
Now playing Next World News Pork exports at centre of trade-tug-of-war between EU and China An anti-dumping investigation into imports of pork products is at the heart of a trade tug-of-war between Europe and China 19/06/2024
Now playing Next Europe News China probes EU pork products in prelude to retaliation for EV tariffs The European Commission is expected to increase tariffs on China-made electric vehicles as soon as 5 July. 17/06/2024
Now playing Next Economy Why is Germany opposed to EU tariffs on Chinese electric vehicles? German automobile manufacturers such as BMW, Mercedes-Benz and Volkswagen could be badly hit by retaliatory tariffs because they all have massive production plants in China. 14/06/2024
Now playing Next Economy Europe prepares for China retaliation after EU imposes EV tariffs As retaliation for the EU’s tariffs on Chinese electric vehicles, China could potentially slap duties on things like European pork and dairy products, as well as brandy and luxury goods. 13/06/2024
Now playing Next Europe News What Brussels found when it probed Chinese subsidies and electric cars China-made electric vehicles will soon be subject to additional tariffs when they are brought into the European Union's borderless market. 13/06/2024
Now playing Next Europe News EU to slap extra tariffs on Chinese electric cars The European Commission's anti-subsidy inquiry into Chinese electric vehicles has been described as one of the most consequential of its kind. 12/06/2024
Now playing Next Europe News Chinese Nuctech sues Commission over alleging distortive China-EU trade relations are fractious: following some warnings, the Asian giant is beginning to challenge the bloc to safeguard its interests. 05/06/2024
Now playing Next Europe Decoded Your essential guide to the EU probe into Chinese electric cars The European Commission is close to announcing a decision on its inquiry into Chinese electric vehicles, which has become a litmus test in the West's years-long efforts to confront Beijing's unfair practices. 05/06/2024
Now playing Next Europe Decoded Euroviews. When it comes to genomics, de-risking with China is not enough This is not about stoking the flames of techno-protectionism, but about safeguarding the fundamental rights to privacy, security, and ethical governance in the face of real and present dangers, five MEPs write. 31/05/2024
Now playing Next Green News Net Zero Industry Act sign-off heralds carbon capture deployment Legislation designed to protect European firms from US and Chinese competition during the transition from fossil fuels to clean energy also forces big oil to help keep carbon dioxide out of the atmosphere. 27/05/2024
Now playing Next Business Germany backs ending EU tax breaks that benefit Temu and Shein These tax breaks are crucial for Shein and Temu, allowing them to sell clothes, accessories and gadgets at steep discounts compared to their EU competitors. 24/05/2024
Now playing Next Europe Decoded What Europe needs to know about Taiwan's new president William Lai, Taiwan's new president, has vowed to strike more investment deals, support Ukraine and partner up with other democracies. 23/05/2024