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Economic Watch: Flaws and fallout of EU tariff plan

People visit the 2024 Beijing International Automotive Exhibition in Shunyi District, Beijing, capital of China, April 25, 2024. [Xinhua]

The probe of the European Commission (EC) into Chinese electric vehicles (EVs) has exposed multiple loopholes in rules, business organizations and experts said, while warning that the proposed duty hikes could be self-defeating as they would spell unwanted consequences.

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