China autos group ‘strongly dissatisfied’ with EU tariffs

Flags of European Union and China are pictured during the China-EU summit at the Great Hall of the People in Beijing, China, July 12, 2016. REUTERS/Jason Lee/File Photo

SHENZHEN: The China Association of Automobile Manufacturers (CAAM) is “strongly dissatisfied” with anti-subsidy tariffs proposed by the European Union, the industry group say.

Manufacturers had cooperated with the European Commission’s investigation into Chinese subsidies, but the inquiry had ignored the facts and preselected results, CAAM said in a post on the Chinese messaging app WeChat last Saturday.