BRUSSELS — Goodbye and goodnight.That’s the European Union's veiled message to its dying solar manufacturers in a draft declaration seen by POLITICO. Chinese mass manufacturing has brought Europe's solar makers to their knees and had prompted them to turn...
6 months agoBRUSSELS — On paper, the EU sees China as a partner in the fight against climate change.But the trade reality tells a different story. As Beijing responds to weak domestic demand with heavy state subsidies, it’s a perfect recipe for overcapacity — from el...
6 months agoBRUSSELS — The European Commission is launching a new anti-subsidy probe into Chinese wind turbines.The news is expected to be announced by European Commission Executive Vice-President Margrethe Vestager at 3 p.m. CET, in a speech in Princeton that was pr...
6 months agoBRUSSELS — Chinese electric carmakers raced to get EVs into the bloc ahead of the July 5 deadline when new EU tariffs went into effect, betting they would not face backdated duties. But they may have miscalculated, with the European Commission saying that...
2 months agoGermany is becoming, ever so slowly, less obsessed with China.A year after Chancellor Olaf Scholz signed up to a G7 call for de-risking from China, Berlin is gradually reacting to the challenges posed by Beijing.From offering largely rhetorical dissent to...
1 month agoIn Volkswagen’s heyday at the turn of the decade, then-CEO Herbert Diess and Tesla chief Elon Musk had an unusual bromance, often heaping praise on one another’s automotive achievements.Diess hailed Tesla as the benchmark for success, while Musk went so f...
1 month ago