EU-China trade tit-for-tat: How to trade
As the European Commission's provisional tariffs on Chinese-made EVs take effect, IG’s Angeline Ong catches up with Xiaolin Chen, Head of International at KraneShares.
They discuss the potential impact of the ongoing trade tit-for-tat and how investors can position for this. Chen also explains why electric vehicles (EVs), renewables, and healthcare were some of the most discussed topics at the latest World Economic Forum in Dalian, China.
(AI Video Summary)
Impact of EU tariffs on Chinese EVs
In this exclusive IG interview with Dr. Xiaolin Chen, Head of International at KraneShares, the discussion centres on the implications of new EU tariffs on Chinese EVs, emphasising ongoing negotiations and potential differentiation in tariff rates among various Chinese EV manufacturers. A strategic alliance, including technological co-operation between Chinese firms and European entities like BMW, is highlighted.
China's responses to global challenges
The interview also touches upon broader geopolitical tensions influenced by election cycles in the US and the European Union (EU), which could potentially extend trade disputes to other sectors such as technology and agriculture. Furthermore, the conversation delves into China's resilience and proactive strategies in response to global challenges, with a strong focus on innovation in AI, green technology, and healthcare as key areas for future growth.
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