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The European Union (EU) and China are currently engaged in negotiations over punitive tariffs on Chinese electric vehicles (EVs). These tariffs, which are provisional, could significantly impact global trade dynamics. Key industries in both regions, including Germany and Hong Kong, are closely monitoring the situation, as the tariffs could affect their operations and profitability. Economists and experts, including Shang-Jin Wei, Professor of Finance and Economics at Columbia University, have highlighted the potential for these tariffs to alter the landscape of international trade. The e-commerce giant Shein, founded in China, also faces challenges as new EU regulations loom. The IMF has also remarked on China's economic development driven by market-oriented reforms and trade liberalization.
Recently, some Western politicians have been tirelessly cribbing about "overcapacity" when it comes to Chinese electric vehicles, in an attempt to thwart their global rise. However, isn't the real excess the increasingly intense trade protectionism in the West? Liu Dongmei, Party… https://t.co/W342m97zV8
Exclusive | 3 mega economic trends for China and the world, EU economist says https://t.co/JzPSVEfnFt
Watch: Europe's spat with China over trade and electric vehicles: the view from our economists in Frankfurt and Hong Kong https://t.co/SwAx2VUlx2
Watch: Europe's spat with China over trade and electric vehicles: the view from our economists in Germany and Hong Kong... https://t.co/DXGgMhzho3
Concern about PRC excess capacity isn’t only a Western phenomenon. The Global South is worried too. “Indonesia will impose safeguard duties of 100% to 200% on [PRC] imports ranging from footwear to ceramics to protect domestic industries.” https://t.co/ECgS4BOlCN
The negotiation on #EV tariffs between #China and the #EU will not be easy, but this is the best way to prevent tensions caused by the EU’s unreasonable tariff plan on Chinese EVs from escalating: expert https://t.co/HNSbIaH1aS https://t.co/WfkzbqGgRL
China's economic development over the past few decades has been remarkably driven by market-oriented reforms, trade liberalization and integration into global supply chains, according to the IMF. -xhtxs.cn/UNr https://t.co/mHojrdLbhj
China's economic development over the past few decades has been remarkably driven by market-oriented reforms, trade liberalization and integration into global supply chains, according to the IMF. https://t.co/fPRJ3Vvw6U https://t.co/V62Dxnkuul
World Bank president notes key factors to understand China's economic growth! https://t.co/gyHvxjWAsA
What is at stake for China-founded e-commerce giant Shein as EU rule looms https://t.co/sRo4VCriMH via @rapplerdotcom
President of World Bank Group: China's methods against climate change are applicable everywhere CMG's Zou Yun sat down with Ajay Banga, the president of the World Bank Group, in the latest edition of Leaders Talk. Banga shared his experience in north China's Hebei Province where… https://t.co/Th4LOPAxvt
World Bank president: China has great advantages in technology and innovation Ajay Banga, president of the World Bank Group, said that China's high-quality development is both ecological development and the development appropriate for China's population and its needs. In an… https://t.co/rlJis7D8i6
World Bank president: China has great advantages in technology and innovation https://t.co/Xizd3MjYQC
President of World Bank Group: China's methods against climate change are applicable everywhere https://t.co/GyfjYDx2Ck
🇪🇺🇨🇳 As the EU and China negotiate over punitive tariffs, @ingafechner looks at what's at stake for the industries involved https://t.co/ED7Kerb21l
World Bank president notes key factors to understand China's economic growth https://t.co/DwmGsR2yCQ
World Bank president: Cooperation between China, World Bank exemplary https://t.co/X4anmdWNBz
EU’s new provisional tariffs on Chinese EVs may have a significant impact on global trade dynamics, argues Shang-Jin Wei, Professor of Finance and Economics at @ColumbiaSIPA and former Chief Economist of the Asian Development Bank. https://t.co/JLhf7HRqiM
As the EU and China negotiate over punitive tariffs, @ingafechner looks at what's at stake for the industries involved.https://t.co/ED7Kerb21l
What is at stake for China-founded e-commerce giant Shein as EU rule looms https://t.co/V8wndzX28E
🇪🇺 🇨🇳Watch: Europe's spat with China over trade and electric vehicles: the view from our economists in Germany and Hong Kong https://t.co/UegvXDT0WM