The Financial Times reported today that "Washington has warned Beijing that the US and its allies will take action if China tries to ease its industrial overcapacity problem by dumping goods on international markets, according to American officials."

Last week, Beijing issued a document outlining measures to support the sale of new energy vehicles in international markets, focusing on seven areas: international operation, logistics, financial support, trade promotion, business environment, and risk-prevention.

At the October 27 meeting of the WTO's Committee on Subsidies and Countervailing Measures, for which the minutes were recently circulated, there were criticisms by China of other Members' countervailing duty practices (including the recent EU action on electric vehicles), and criticisms by other Member of China&

At a CSIS event yesterday, Executive Vice President and EU Trade Commissioner Valdis Dombrovskis provided some details on the status of the EU anti-subsidy investigation on Chinese electric vehicles, as well as on discussions with the U.S. on these issues.

On both sides of the Atlantic, concerns have been expressed recently about the threat of Chinese electric vehicles (EVs) in relation to security and economic competition.

Last Friday, the Biden administration proposed new rules that offer guidance on how tax credits for the sale of electric vehicles will apply when the batteries and the materials that power them are made in China and other "foreign entities of concern."

At the WTO Committee on Market Access meeting held on April 26-27, 2023, China raised issues related to the EU Carbon Border Adjustment Mechanism (CBAM), Indian restrictions on solar panels, and Türkiye's (formerly known as Turkey) discriminatory tariffs on electric vehicles.