FRANKFURT, June 7 The European auto industry
fears China could impose retaliatory trade duties on luxury cars
imported from the European Union, should the EU Commission not
back down over unfair trade practices in China.
"If there is not an improvement in the political climate, if
it becomes a real trade war (...) if that is going to be the
position and the strategy of the EU, then I think the Chinese
will retaliate for sure," said a spokesperson for the European
auto industry association ACEA on Friday.
According to the ACEA, an unknown person or persons filed an
anti-dumping complaint with China's Ministry of Commerce that
focuses on cars with engine displacements of 2 litres and more
built in the EU and exported to the People's Republic.
It expects preliminary investigations will begin in early
July at the latest.
After several weeks it could already disclose that an
economic injury to the Chinese car industry from EU anti-dumping
practices has been found and impose provisional duties linked to
the amount of damage done, ACEA said.
(Reporting by Christiaan Hetzner; Editing by Christoph Steitz)