China tells Italy: EU electric vehicle probe affecting investor confidence

BEIJING (Reuters) – Chinese Commerce Minister Wang Wentao said on Monday the EU investigation into Chinese electric vehicles was seriously affecting Chinese car companies’ confidence in investing in Italy.

That was not in Italy’s long-term interests, Wang told Italian Economic Development Minister Adolfo Urso in a meeting in Rome, China’s commerce ministry said.

“It is hoped the European Commission will respond to the calls of all parties and properly resolve the economic and trade differences between China and the EU through dialogue and consultation,” the Chinese ministry cited Wang as saying, in a statement released on Tuesday.

(Reporting by Ryan Woo; Editing by Andrew Heavens)

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