FirstFT: European carmakers backed to beat cheap Chinese EVs

Receive free Global Economy updates

We’ll send you a myFT Daily Digest email rounding up the latest Global Economy news every morning.

Good morning. On a visit to Beijing, France’s finance minister Bruno Le Maire has said new French automotive subsidies are “paving the way” for Europe’s car industry to withstand the threat of an influx of cheaper Chinese electric vehicle imports.

Under a package of measures outlined in May to…