Beijing Softens on EU Curbs to Avoid Blame for Europe’s Unrest
The cap would limit Chinese hybrid exports to 350,000 vehicles a year as Brussels weighs new import curbs on chemicals, furniture and machinery.
- The European Union is preparing to restrict imports of chemicals, furniture, and machinery from China to combat "China Shock 2.0," aiming to narrow a $404 billion trade deficit.
- Beijing recently agreed to cap hybrid car exports in closed-door talks to prevent further escalation, following the European Union's 2024 imposition of duties of up to 35.3% on electric vehicles.
- European Commission President Ursula von der Leyen noted the bloc's daily trade deficit with China exceeds $1.12 billion, while Chinese machine tool exports to Europe surged 13% to $9.6 billion in 2025.
- Officials plan to present potential import caps or tariffs as soon as the first quarter of 2027, applying measures to countries outside the European Economic Area in compliance with World Trade Organization rules.
- Hubei-Based columnist "David Talks Tech" writes that "when others use the rules against us, we can use the same rules to protect our industries," as Beijing faces a tight deadline with its U.S. trade truce expiring January 10.
31 Articles
31 Articles
(Seoul = Yonhap News) Reporter Song Jin-won = The European Union (EU), which has decided to set a cap on the import volume of Chinese hybrid vehicles, will import other Chinese products early next year...
Beijing softens on EU curbs to avoid blame for Europe’s unrest
The European Union is preparing to extend its curbs on Chinese imports of chemicals, furniture and machinery to fight a “China Shock 2.0,” after Beijing agreed in closed-door talks earlier this month to cap its hybrid car exports to the bloc. The European Commission plans to use safeguard measures to cut imports of chemicals, furniture […]
The European Union is considering new restrictions on imports of goods from China, which could be proposed in the first quarter of 2027. The potential measures would affect the chemical industry, furniture production and mechanical engineering, Bloomberg reports, citing sources familiar with the matter. Two main options are being considered - the introduction of specific import quotas or the imposition of additional duties if a certain limit on …
The EU will impose restrictions on imports from China in a range of sectors, including chemicals, machinery and furniture, in an effort to reduce the huge trade deficit with Beijing.
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