{"id":69810,"date":"2025-05-03T00:50:09","date_gmt":"2025-05-03T00:50:09","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/69810\/"},"modified":"2025-05-03T00:50:09","modified_gmt":"2025-05-03T00:50:09","slug":"chinese-automakers-reach-crossroads-after-conquering-export-markets","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/69810\/","title":{"rendered":"Chinese automakers reach crossroads after conquering export markets"},"content":{"rendered":"<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">HONG KONG &#8212; Facing a surge of Chinese imports driving up its trade deficit, Turkey last June announced a 40% supplementary tariff on new vehicles coming from China.<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">A month later, BYD, China&#8217;s biggest maker of electric and hybrid vehicles, announced it would build a $1 billion factory in Turkey, with production to begin by the end of 2026. The move won BYD an exemption from the country&#8217;s new tariff on imports in the interim as well as the promise of duty-free access to EU markets for the new factory&#8217;s future output via Turkey&#8217;s customs union with the bloc.<\/p>\n","protected":false},"excerpt":{"rendered":"HONG KONG &#8212; Facing a surge of Chinese imports driving up its trade deficit, Turkey last June announced&hellip;\n","protected":false},"author":2,"featured_media":69811,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3091],"tags":[34991,51,16536,34994,34993,5493,2441,34992,16,15],"class_list":{"0":"post-69810","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-automakers","9":"tag-business","10":"tag-chinese","11":"tag-conquering","12":"tag-crossroads","13":"tag-export","14":"tag-markets","15":"tag-reach","16":"tag-uk","17":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114441160305149858","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/69810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=69810"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/69810\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/69811"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=69810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=69810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=69810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}