[webinarian]

      
EU threatened to impose high tax on EV cars from China, China just said, then, China withdraws all investment of car joint venture projects in EU.   

EU got a shock and quickly withdrew all tax barrier proposal.  

EU has no technology, without China, EU can't make such cars lah.   

       
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中欧汽车关税谈判取得重大进展，在关键时刻中国释放了两个重要的信息，欧洲看起来是是懵了，主动请中国继续谈     

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[teaserteam]

Fake Youtube or it was based on old news

EU just imposed 45% tax on 4 October.  Some member has different votes

https://www.reuters.com/business/autos-t...024-10-04/

[revealer]

Dun think China will stop setting up EV factories in EU if they r allowed to tt is the only way to diffuse trade barriers

[grotesqueness]

china got DEEP RAPED SHOCK

[Manthink]

SGtalker like teaserteam  , grotesqueness , revealer  should read news before posting their wet dreams stories .  

https://www.autonews.com/manufacturing/a...expansion/

[Manthink]

Dun think China will stop setting up EV factories in EU if they r allowed to  tt is the only way to diffuse trade barriers

When Beijing issue a directive on investing overseas by major Chinese coy, you shouldn't be surprise how quickly the reaction is.

The problem is this directive does not only impact the Chinese, but pretty much rest of the World including supply chain, jobs and future technology transfer.


SVOLT Energy Technology, an affiliate of Chinese automaker Great Wall Motor, will end the operations of SVOLT Energy Technology (Europe) and German subsidiaries by January 2025, and lay off an undisclosed number of staff, a source familiar with the matter told Nikkei Asia.

https://asia.nikkei.com/Business/Technol...operations

[Manthink]

Dun think China will stop setting up EV factories in EU if they r allowed to  tt is the only way to diffuse trade barriers

The Fun Fact is it is the Europeans themselves who started tariff against Chinese product.

This is not news. - Over 10 years ago, EU did the same thing against Made-in-China solar panels in 2013 at nearly 50% tax.

https://greenovate-europe.eu/commission-...ar-panels/

[Manthink]

We all can see the Double Standard angmoh countries when they cannot compete.

From Asian POV, it is simply because the West has got too used to being the "leader" and "winner" in trade and they cannot accept non-Westerns overtaking them.

https://asia.nikkei.com/Spotlight/Supply...d-turbines

[revealer]

Need some lesson. China has the liberty to shut down overseas plants but tt is not solving the trade problem. It is to increase the level of trade barriers. It might even result Chinese EV being banned. Dun play play.

[Manthink]

Need some lesson.  China has the liberty to shut down overseas plants but tt is not solving the trade problem. It is to increase the level of trade barriers.  It might even result Chinese EV being banned. Dun play play.

So I am not sure what "lesson" revealer is talking about 

FACT is the ONLY lesson Western countries understand is when their own industries and economy are hampered by their short-sight policies, fear of competition and gov stupidity.

For 30 years , the Germans VW, Benz, BMW and Italian Porsche and Lambo  car makers had been making billion$ in the Chinese market and gotten complacent.... 

Now they blame China for "over capacity" ?  LOL !!
 

https://www.wired.com/story/how-chinas-e...the-wheel/

[revealer]

This car manufacturer made right decision. The Government has lost their head but not the business man.

https://amp.scmp.com/business/china-busi...inese-ev-r maker-gac-invest-europe-even-after-report-beijing-against-plan