EU Prepares Import Cap on Chinese Hybrid Cars to Balance Trade
8 Articles
8 Articles
The European Union is preparing to introduce safeguard measures that would limit the import of Chinese hybrid vehicles into the single internal market, Bloomberg has learned. We will also address similar topics at our Portfolio Investment Day conference on October 21. One of the biggest investment events of the year is coming, where professional experts will tell you what is worth investing in now. Register here.
Hybrids already account for one in four such vehicles sold in Europe.
The EU is looking at measures to limit imports of Chinese so-called hybrid cars, reports Bloomberg. The market in China is shrinking, which means that the cars eventually end up on the European market. This has in turn led to increasing pressure on the stressed car industry in Europe. Germany and France, among other things, want it to be possible for the EU to act more quickly against countries that can distort European competitiveness. EU Trade…
The European Union (EU) is working on new measures to restrict imports of Chinese-made hybrid vehicles following their rapid rise in the European market, according to sources close to the matter.
The European Union is reportedly preparing safeguard measures to restrict the import of Chinese-made hybrid vehicles into the bloc in an effort to improve trade relations.
The European Union is preparing safeguard measures that would restrict imports of Chinese-made hybrid cars into the EU in an effort to improve the trade balance, Bloomberg News reports, citing sources familiar with the matter.
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