Xinhua News: China’s Car Industry Strongly Opposes Certain Provisions of the US Inflation Reduction Act

TL/DR –

The article from Xinhua News presents China’s firm opposition to measures under the U.S. Inflation Reduction Act that impact its automobile industry. No specific details on the act or China’s objections are provided in the excerpt. It is also not clarified what actions, if any, China is planning to take in response to the new measures.

China’s Auto Industry Opposes Measures in U.S. Inflation Reduction Act

The Chinese automobile industry has voiced firm opposition to certain measures under the U.S. Inflation Reduction Act, as reported by
Xinhua News.

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