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China negotiates price undertakings as solution to EU's anti-subsidy duties on EVs

( November 7, 2024, 09:44 GMT | Official Statement) -- MLex Summary: China is closely negotiating, following a "pragmatic and balanced" approach, with the EU technical team on the details of price undertakings as a possible solution to the EU's anti-subsidy duties on Chinese electric vehicles, according to Ministry of Commerce spokesperson He Yongqian at today's regular press briefing. The EU team arrived in Beijing on Nov. 2, shortly after the EU announced on Oct. 29 the final decision to levy countervailing measures on Chinese EVs and its willingness to continue discussions with China on price undertakings.The excerpt of the transcript follows:...

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