South Korean Democratic Party lawmaker Lee Un-ju has accused China of undermining fair competition in the global electric vehicle market by offering substantial subsidies to domestic automakers, calling the practice a form of economic betrayal. The criticism comes amid growing concerns in South Korea about how aggressive state support for Chinese EV producers could reshape industry dynamics and threaten local manufacturers. Analysts warn that such policies may distort trade balances, particularly as South Korea’s own automakers face rising production costs and competition. The remarks highlight deepening tensions over economic strategies between the two nations as they vie for dominance in next-generation automotive technology.
Democratic Party Lee Un-ju Calls Chinese EV Subsidies 'Betrayal' 조선일보
