EU and China reach deal to curb hybrid car exports to Europe
The European Union says it has reached a landmark agreement with China to reduce hybrid car exports to the bloc by more than half over four years. The deal was announced in Beijing on Friday after months of negotiations between the two sides. It is being presented as a significant step in efforts to ease pressure on European carmakers.Trade commissioner Maroš Šefčovič said the talks had been intense since June and that the agreement could cut exports of plug-in and battery-powered hybrid cars by several million vehicles over the next four years. He said the arrangement was the first of... [Continue Reading]
360LiveNews | 09 Oct 2026 16:35 LONDON
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EU-China trade talks in Beijing widen to deficit and rare earths
European Union trade commissioner Maros Sefcovic has arrived in Beijing for two days of talks with Chinese officials that now centre on the bloc's trade deficit and restrictions on rare earth exports. The meetings are taking place on Thursday and Friday, with Chinese Commerce Minister Wang Wentao expected to be among the main counterparts. The discussions come after months of contact between the two sides and at a time of rising pressure inside the EU for a tougher trade stance.The talks are focused on the EU's trade deficit with China, which the source material says exceeds €1 billion a day,... [Continue Reading]
360LiveNews | 08 Oct 2026 01:02 LONDON
