Brussels — The EU will impose duties from Thursday on Chinese electric bicycles in a move to curb cheap imports that European producers say are flooding the market. The duties are the latest in a series of EU measures against Chinese exports ranging from solar panels to steel, which have sparked strong words from the Chinese government. The EU shares US concerns about technology transfers and state subsidies but has called on countries to avoid a trade war. Earlier in July, the US and China slapped tariffs on $34bn of each other’s imports. The European Commission, which is carrying out a probe on behalf of the 28 EU members, decided that tariffs of 27.5% to 83.6% should apply for all electric bikes from China, the Official Journal of the EU said. Taiwan’s Giant, one of the world’s largest bicycle makers with factories in China as well as the Netherlands, was subject to the lower rate of 27.5%. The commission found Chinese exports of electric bikes to the EU more than tripled from 20...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.