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2024

Economic Watch: Flaws and fallout of EU tariff plan

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by Xinhua writers Zheng Jingxia and Luo Qi

BEIJING, June 14 (Xinhua) -- The probe of the European Commission (EC) into Chinese electric vehicles (EVs) has exposed multiple loopholes in rules, business organizations and experts said, while warning that the proposed duty hikes could be self-defeating as they would spell unwanted consequences.

The commission on Wednesday unveiled a plan to levy provisional a