China to reduce electric-car production

China has responded to a growing number of tariffs and legislation thwarting exports of its electric vehicles, saying it will stem the tide to foreign showrooms.


The Chinese government has said it will “rein in expansion” of its booming electric-vehicle industry, saying there is not enough “external demand” beyond domestic China.

The Financial Times reports China’s vice-minister of industry and information technology (MIIT), Xin Guobin, as…

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