China calls US move to limit access to EV tax credits 'non-market' practice
- Country:
- China
The U.S. move to limit Chinese content in batteries eligible for electric vehicle (EV) tax credits is typical non-market practice, He Yadong, a Chinese commerce ministry spokesperson, said on Thursday. The discriminatory policies of the U.S. violate the basic principles of the WTO, seriously disrupt international trade and investment, He told a regular press conference in Beijing.
China will continue to assess the implementation of the measures and take action if necessary, he added. The Biden administration on Friday issued-long awaited guidance that will limit Chinese firms and battery parts from winning EV tax credits starting next year.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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