Reported 8 months ago
During a World Economic Forum meeting in Dalian, China's Premier Li Qiang addressed accusations from the U.S. and EU about unfair subsidies benefiting Chinese firms. Li emphasized that China's production of advanced green technologies meets both domestic and global demand and is rooted in unique comparative advantages. The comments come ahead of technical talks between China and the EU on tariffs for Chinese-made electric vehicles, and amidst trade tensions with the U.S. Li rejected claims of over-capacity or unfair subsidies, stating that the growth of new industries supports China's economy and aims for steady improvement.
Source: YAHOO