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China tells carmakers to pause investment in EU countries backing EV tariffs, sources say

By Economic Times - 15 hours ago
China instructed its automakers to stop heavy investment in European countries supporting tariffs on Chinese electric vehicles. This follows new EU tariffs, dividing Europe and prompting Beijing to retaliate. Some countries, including France and Italy, sought investment despite these tensions. Chinese companies were also advised to avoid separate investment discussions with European governments.

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