EU’s Gentiloni Plays Down Risk of China Retaliation on EV Probe
- Brussels launched an investigation into Chinese subsidies
- Gentiloni says Chinese retaliation is ‘always possible’
This article is for subscribers only.
The European Union downplayed the potential of a harsh Chinese response to the bloc’s investigation of electric-vehicle subsidies.
“There is no specific reason for retaliation,” Paolo Gentiloni, the EU’s economy chief, told reporters ahead of a meeting in Santiago de Compostela, Spain, on Friday. “But retaliation is always possible in this kind of thing.”