China said on Thursday that Biden administration plans to limit Chinese content in batteries eligible for generous electric vehicle tax credits from next year violate international trade norms and will disrupt global supply chains.
The plans will make investors in the U.S. electric vehicle (EV) supply chain ineligible for tax credits should they use more than a trace amount of critical materials from China, or other countries deemed a "Foreign Entity of Concern" (FEOC).
"Targeting Chinese enterprises by excluding their products from a subsidy's scope is typical non-market orientated policy," said He Yadong, a commerce ministry spokesperson.
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