China's premier slams trade tensions as EV exports are hit by tariffs

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China’s premier slams trade tensions as EV exports are hit by tariffs

TAIPEI, Taiwan — Open markets and green technologies are vital for stabilizing global growth, China’s premier said Tuesday, while criticizing trade tensions as he opened a conference in northeastern China.

Countries should “work closely together, reject bloc confrontation, oppose decoupling and disconnection, maintain the stability and smoothness of industrial and supply chains, and promote trade and investment liberalization and facilitation,” Li said in a speech to the conference. China is facing pushback over its electric vehicle exports, which some governments fear will flood markets and hurt domestic producers. The European Union and Canada among others are mulling surtaxes on Chinese EVs.

Polish President Andrzej Duda and Vietnamese Prime Minister Pham Minh Chinh joined the business leaders and economic and technology ministers attending the forum, held in the port city of Dalian.

 

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