SAIC Motor disputes EU's anti-subsidy investigation and tariffs on Chinese EVs

05 July 2024
SAIC Motor Corp will formally request a hearing with the European Commission to challenge the additional tariffs imposed on Chinese electric vehicles, arguing that the EC's anti-subsidy investigation is flawed and unfair.

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  • Anonymous

Anonymous, 09 Jul 2024what is pla?Ok, now I know.
PLA = People's Liberation Army

  • Anonymous

Anonymous, 09 Jul 2024You are pretty hilarious. No one forced them to manufacture anything in China, they could hav... more"You talk about EU giving them the taste of their own medicine, but I don't remember China putting tariffs on western imports."
Ok, maybe they did It or It wasn't needed considering how much was produced in China, I am not sure.

  • Anonymous

Anonymous, 08 Jul 2024You know who you are...But you don't know who he(she) is , like we also don't know who you are.

  • Anonymous

Anonymous, 09 Jul 2024Oh no, Europeans are just giving them taste of their own medicine. Do you know why Chinese pho... moreYou are pretty hilarious.
No one forced them to manufacture anything in China, they could have chosen a different country, so It's their fault If China acquired anything from them.
You talk about EU giving them the taste of their own medicine, but I don't remember China putting tariffs on western imports. If It was about that like you claim, then EU would require Chinese companies to make joint ventures in EU to sell their products there.

"One of the most infamous cases of China wanting trade secrets and know-how is when Bank of America acquired some small Chinese financial branch in a much bigger deal. Chinese government demanded Bank of America to give them access to all of their business practices as well as finances in order to keep the ownership of that small Chinese company. They sad FU to Chinese government and sold the company to someone else."
BofA by merging with Merrill Lynch acquired a 9.9% stake in China Construction Bank Corp (CCB), which was originally bought in 2005 for $3 billion.
BofA sold the last stocks in In September 2013 and they gained $16.37 billion in total from the sale.
So much for your conspiracy about them not wanting to give Chinese "know-how" about their business practices, which is certainly not worth billions and giving them a F***YOU by selling It to someone else.

  • Anonymous

Anonymous, 08 Jul 2024I am neither affiliated with the PLA or the Chinese government. You people are ridiculous.what is pla?

  • Anonymous

Anonymous, 06 Jul 2024"AIC alleges the EC's investigation went beyond the scope of a typical probe by dema... moreOh no, Europeans are just giving them taste of their own medicine. Do you know why Chinese phones are so widespread as they are? Because of Apple. In order for Apple to make a cheap manufacturing line in China they had to give up all the blueprints and know-how to Chinese government. Every single western company that wanted to build a manufacturing in China had to surrender blueprints, financial reports and bunch of other things to Chinese government, Exact same thing has happened to 3G tech from Ericsson and others who did business in China, that's how China caught up in mobile communication tech race. Ericsson and others had to partner up with Chinese companies in order to deploy 3G technology and they had to surrender bunch of paperwork.

One of the most infamous cases of China wanting trade secrets and know-how is when Bank of America acquired some small Chinese financial branch in a much bigger deal. Chinese government demanded Bank of America to give them access to all of their business practices as well as finances in order to keep the ownership of that small Chinese company. They sad FU to Chinese government and sold the company to someone else.

  • Anonymous

Anonymous, 08 Jul 2024You know who you are...I am neither affiliated with the PLA or the Chinese government. You people are ridiculous.

  • Anonymous

Anonymous, 08 Jul 2024Kind of pathetic making unsubstantiated accusations when you lose the argument. Good luck with... moreYou know who you are...

  • Anonymous

Anonymous, 07 Jul 2024propaganda or not, warships are coming and that's just a fact. as an non chinese asean... moreIf you're filipino, having elected a US stooge and a member of the most corrupt family in the Philippines as the leader of your country should be your greatest worry.

  • Anonymous

Anonymous, 07 Jul 2024Ah, I see now. The PLA paid trolls are here for any mention of China. So sad. No one is go... moreKind of pathetic making unsubstantiated accusations when you lose the argument. Good luck with your tariffs. The EU won't win a tariff war.

  • Anonymous

Anonymous, 07 Jul 2024Ah, I see now. The PLA paid trolls are here for any mention of China. So sad. No one is go... morepropaganda or not, warships are coming and that's just a fact.

as an non chinese asean'er all i can say to euros is good luck, have fun.

*At the heart of the dispute is the EC's determination that SAIC received subsidies amounting to 37.6% on its EVs.* Would be fair (haha) to impose this on the EU manufacturers the same way :D

How does it work really?
Is the additional tax on SAIC made in EU? SAIC made in africa? SAIC made in Americas? SAIC made in middle east? Only made in china?
What about VW made in china? Also taxed?
What is justification for different taxing for different importers?

I do understand that EU car manufacturers, same as the one in china or usa live on government subsidies and do not need to actually sell any cars. Which shows in what they produce, but details about that taxing would be interesting just for the laughs about so called capitalism etc.

  • Anonymous

Ah, I see now. The PLA paid trolls are here for any mention of China.

So sad. No one is going to believe your propaganda.

  • Sabah

Dumb European law makers. Let the car companies compete on their own

  • Anonymous

Anonymous, 07 Jul 2024They have invested £16.69 billion, but the question is: where did that money come from ? Th... more"They have invested £16.69 billion, but the question is: where did that money come from ?"
From car sales? It wasn't even so hard, right? Yet you already went the route that the money was from the government.
Then there is the other question, why would It matter, even If the government sponsored their manufacturers? Who says they can't do that? If you say because western countries don't do that then that's a lie.

  • Anonymous

Anonymous, 07 Jul 2024No. Your grasp of history seems rather weak.what version of history are you referring to.

  • Anonymous

They have invested £16.69 billion, but the question is: where did that money come from ?

The Chinese government funnels cash through government controlled companies into those they want to promote as a national asset.

  • Anonymous

Anonymous, 06 Jul 2024isn't that capitalism. didn't the Dutch East India Company and later the brits ha... moreNo.

Your grasp of history seems rather weak.

  • Anonymous

Anonymous, 06 Jul 2024It seems you don't know what is happening on Chinese market. Foreign brands are getting t... moreisn't that capitalism.

didn't the Dutch East India Company and later the brits have state backed/funded navies.

can you imagine saic sailing into europe with ccp warships.

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