China's commerce minister due in Paris for electric vehicle talks

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Everything to know about the April 8 eclipse in Atlantic Canada | SaltWire #eclipse | SaltWirePARIS - China's commerce minister Wang Wentao is due in Paris on Sunday for talks that are expected to cover China's fast growing export of cheap electric vehicles into the European market.

China contests the claim its EV industry has boomed because of subsidies and has called the EU inquiry"protectionist". Analysts say factors, including China's dominance of the battery supply chain, innovation and cut-throat competition in a crowded domestic market have also reduced prices. French Finance Minister Bruno Le Maire has said he will hold talks with Wang on Monday. The Chinese trade ministry did not respond to a request for comment.

 

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