Shang-Jin Wei, Professor, Finance and Economics at Columbia University
Jun 20, 2024
On June 12, the European Union announced new provisional levies on Chinese electric vehicles (EVs), with the tariff level to be based on estimates of how much state support an EV exporter receives. The new tariffs follow from a months-long investigation into China’s use of financial subsidies, and they will be imposed on top of the 10% tariff that the EU already has in place. They are “provisional” because they might be revised downward if Chinese producers can offer evidence that the support they receive is less than estimated. Separately, if the EU can reach an agreement with China to reduce the volume of Chinese EV exports to Europe, the new tariffs may not be implemented.
Vasilis Trigkas, Visiting Assistant Professor, Schwarzman College, Tsinghua University
Jun 07, 2024
Hungary's strategic partnership with China represents a bold pivot aimed at enhancing its geopolitical and economic standing amidst an era of great power competition. But to safeguard itself from geopolitical storms Hungary aims to work within the EU and punch above its weight to catalyze European strategic autonomy.
Brian Wong, Assistant Professor in Philosophy, HKU and Rhodes Scholar
May 30, 2024
For a robust Sino-European partnership, Beijing must recognize European interests, particularly the EU's strategic autonomy and security concerns, and address economic competition while fostering collaborative ventures to repair and enhance bilateral relations.
Christopher A. McNally, Professor of Political Economy, Chaminade University
May 30, 2024
The Biden administration’s new tariffs on Chinese goods are primarily symbolic and political, with negligible economic impact, but they aim to protect and foster the U.S. clean energy supply chain, particularly in the EV sector. However, the tariffs are politically motivated and could undermine industrial policy goals by focusing on geopolitical competition rather than applying uniformly to all countries.
Eric Harwit, Professor, University of Hawaii Asian Studies Program
Apr 19, 2024
As electric vehicle production ramps up in the 21st Century, a global assessment of the crucial battery production needed to sustain the industry’s growth reveals how the U.S. and China have brought their differences into this arena.
Warwick Powell, Adjunct Professor at Queensland University of Technology, Senior Fellow at Beijing Taihe Institute
Apr 09, 2024
US Treasury Secretary Janet Yellen recently visited China. The visit and the core messages that accompanied it were remarkable because they evinced an America short on confidence but imbued with its historic sense of entitlement.
Vasilis Trigkas, Visiting Assistant Professor, Schwarzman College, Tsinghua University
Apr 05, 2024
China's focus on electric vehicles (EVs) over internal combustion engine cars - the "Great Leapfrogging Forward” - has significantly reshaped the global industrial landscape to China's benefit. Recognizing and accurately assessing China's capabilities instead of propagating unfounded narratives about its imminent decline constitutes the foundational first step in competing effectively with China.
Zach Montague, News Assistant, New York Times
Oct 27, 2017
China seized global attention in September with the announcement that it had begun earnestly planning a ban on traditional gas-fueled vehicles. So far, no date has been set for the final cutoff, and important strategic details remain murky. But the decisiveness and finality of the announcement has animated environmentalists, investors and auto manufacturers, who sense a unique business opportunity.