EU Pressures China on Hybrid Export Limits
64 Articles
64 Articles
The European Union has called for China to voluntarily restrict exports of hybrid vehicles as part of its efforts to contain a trade war, said the Financial Times. Brussels wants Beijing to set a ceiling for sales of Chinese hybrids around 15% of the EU market, said the newspaper, quoting people in the news of the negotiations. If they do not limit their exports to our market, we will do so, said an EU authority in a declaration to the FT. The i…
The European Union has asked China to voluntarily limit the export of its hybrid cars to the European market in order to avoid a trade war, the Financial Times reports. The stakes in the negotiations are huge, as the EU is running a trade deficit of one billion euros a day with China, while the European car industry is forced to make mass layoffs. We will also address similar topics at our Portfolio Investment Day conference on October 21. One o…
Jornal Expresso
DnoticiasThe aim is to avoid new tariffs and contain the growing entry of Chinese vehicles, the Financial Times today advanced. According to the same newspaper, a European official will have said that if they do not limit exports to our market, then we will do so.
The European Union has asked China to voluntarily limit its exports of hybrid cars in an attempt to avert a trade war, the British newspaper Financial Times (FT) reported on Thursday, citing sources familiar with the situation. According to the sources, Brussels is demanding that Chinese exports should account for a maximum of around 15 percent of the EU's hybrid car market. Currently, this share is more than a third.
The European Union (EU) called on China to voluntarily restrict exports of hybrid cars to the European market in order to halt a trade escalation between the two blocs.
Coverage Details
Bias Distribution
- 59% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
