BEIJING: A Chinese commerce ministry spokesperson on Thursday urged the European Union not to "unjustly" characterise Chinese cars as merely good value for money, as the bloc faces growing competition from Chinese automakers.
AI Brief
EU automakers are fully capable of adapting to market competition, spokesperson He Yadong said, adding that protectionism cannot stop powerful market forces.
EU products are welcomed to enter the Chinese market, He said, voicing willingness to advance cooperation on electric vehicles.
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AI Brief
- China affirms EU automakers are strong enough to handle market competition.
- It opposes protectionism, saying it cannot block global market dynamics.
- China welcomes EU products and seeks deeper cooperation on electric vehicles.
EU automakers are fully capable of adapting to market competition, spokesperson He Yadong said, adding that protectionism cannot stop powerful market forces.
EU products are welcomed to enter the Chinese market, He said, voicing willingness to advance cooperation on electric vehicles.
