China's Ministry of Commerce (MOFCOM) spokesperson said on Thursday that Beijing is optimistic that the European Union will not misuse tariffs in order to "protect" its products. The ministry spokesperson commented at a press conference on the latest new energy strategies and concept cars from the bloc and stressed that "the EU cannot hold high the banner of 'independence' while wielding the stick of protectionism," and underlined that "ultimately, cooperation is the right path." "We welcome European products into the Chinese market and are committed to promoting cooperation in the electric vehicle sector, and we ... (full story)