Overnight in China's Global Times, citing a Chinese auto industry insider:
- China should consider raising the temporary tariff rate on imported cars with large-displacement engines
- Part of broader efforts to cut emissions and promote the green development of the auto industry
The Times add the obvious:
- auto industry insider ... while slamming protectionist moves taken by certain countries and regions against Chinese electric vehicles (EVs)
The insider is :
- The suggestionn for increased temporary tariff rate on imports of vehicles with engines larger than 2.5 liters was made by Liu Bin, chief expert of China Automotive Technology & Research Center and deputy director of China Automotive Strategy and Policy Research Center
This is part of the trade war.
![byd car 13 February 2024 2](https://images.forexlive.com/images/byd%20car%2013%20February%202024_id_beb32406-2649-4a64-aa7f-a6e2eb0d8cb2_original.jpg)
Chinese car, this one of BYD's models.