China’s premier slams trade tensions as EV exports are hit by tariffs

News Snapshot:

TAIPEI, Taiwan (AP) — Open markets and green technologies are vital for stabilizing global growth, China's premier said Tuesday, while criticizing trade tensions as he opened a conference in northeastern China. Premier Li Qiang told political and business leaders attending the World Economic Forum Annual Meeting of the New Champions, also known as the “Summer Davos," that China is on track to attain Beijing's growth target this year of 5%. Countries should “work closely together, reject bloc confrontation, oppose decoupling and disconnection, maintain the stability and smoothness of industrial and supply chains, and promote trade and investment liberalization and facilitation,”...