China's Premier Li Qiang. — Bloomberg
BEIJING: China’s Premier Li Qiang used his address at a World Economic Forum meeting in Dalian to hit back at accusations from the United States and European Union (EU) that Chinese firms benefit from unfair subsidies and are poised to flood their markets with cheap green technologies.
Li’s comments come as China and the EU prepare to host technical talks on the planned imposition of tariffs on Chinese-made electric vehicles (EVs) imported into the 27-strong bloc and after the United States unveiled steep tariff hikes on an array of Chinese imports, including EV batteries, in May.
