SHINE News: Chinese Car Industry Strongly Resists Pertinent Provisions in US Inflation Reduction Act

TL/DR –

The China Association of Automobile Manufacturers (CAAM) has publicly opposed measures under the US Inflation Reduction Act. They argue that the Act, which targets Chinese exports including automobiles and auto parts, discriminates against Chinese manufacturers and undermines multilateral trade systems. The CAAM has called on the US to uphold free trade principles, warning that the actions could harm the interests of both nations.

Chinese Auto Industry Rejects Measures of US Inflation Reduction Act

The automobile industry of China strongly disagrees with the measures in the US Inflation Reduction Act.

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