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Former Greek finance minister: China's electric vehicle market is a miracle

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Content is automatically generated by Microsoft Azure Translator Text API. CGTN is not responsible for any of the translations.

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02:13

While talking to CGTN Dialogue, former Greek Finance Minister Yanis Varoufakis said he believes, as the result of a vertically integrated supply chain, China's electric vehicle market is a miracle. He also stated it's important for China to be able to consume a large part of the output by the domestic market so that China can ensure it won't become a hostage to the inimical responses by European and American bureaucrats and politicians.

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