China Criticizes Europe EV Probe as Paper Warns of Retaliation.

In a commentary Thursday, China's Global Times newspaper said Europe's economy may suffer if protectionist measures are used to suppress China's EV industry. (Bloomberg) -- China hit back at the European Union's investigation into electric vehicle subsidies, with the top industry body criticizing the move and a leading Communist Party newspaper suggesting retaliatory steps could be taken. [Extracted from the article]