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S. Korea to Protest China’s Electric Battery Subsidies

S. Korea to Protest China’s Electric Battery Subsidies

SEJONG, Feb. 23 (Korea Bizwire) – South Korea will lodge a formal complaint against China over its new battery subsidy rules found to be unfavorable for South Korean companies at bilateral trade talks next month, the trade ministry said Tuesday. China revised its subsidy rules last month to stop offering incentives to producers of nickel-cobalt-manganese [...]