As the UEFA European Championship (UEFA Euro) reaches its fever pitch, football enthusiasts worldwide are immersed in the thrill of the game. In Yiwu, east China's Zhejiang Province, businesses are in a whirlwind of activity.
The EU's decision to impose provisional tariffs on electric vehicles (EVs) imported from China starting July 4 has triggered strong dissatisfaction from both Chinese and European automakers, prompting the two sides to start consultations on the EU's anti-subsidy investigation of Chinese EVs in late June.
China on Monday requested the World Trade Organization (WTO) to set up an expert panel regarding new energy vehicle (NEV) subsidies under the U.S. Inflation Reduction Act (IRA).
