Overnight in China’s Global Times, quoting a Chinese auto industry insider:
- China should consider raising temporary tariff rate on imported cars with large-displacement engines
- Part of broader efforts to reduce emissions and promote green development of the automotive industry
The Times adds the obvious:
- an auto industry insider… while lambasting protectionist measures taken by some countries and regions against Chinese electric vehicles (EVs)
The initiate is:
- The suggestion to increase the temporary duty rate on imports of vehicles with engines larger than 2.5 liters was made by Liu Bin, chief expert of China Automotive Technology & Research Center and deputy director of China Automotive Strategy and Policy Research Center.
This is part of the trade war.
Chinese car, this one one of the BYD models.
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