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Business

Champagne makers vote for smaller harvests as sales lose their fizz

Champagne producers have also come under pressure in recent weeks, following China's decision to impose tariffs on the import of luxury goods from the EU.

Europe News

Von der Leyen is 'playing with fire' over Taiwan, China warns

Beijing has taken issue with the political guidelines of Ursula von der Leyen, which call for the status quo in the Taiwan Strait to be respected.

Economy

China's second-quarter GDP falls short of expectations

China reported weaker-than-expected gross domestic production (GDP) data for the second quarter and softened economic data for June. The country also began its Third Plenum key political meeting.

Green News

Allow battery makers to benefit from green power, governments urge

Proposed small print to EU rules on battery manufacturing could have wider consequences for Europe's energy transition, policy makers have been warned.

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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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.