China calls US move to limit access to EV tax credits 'non-market' practice
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.
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