Business · Trade · 9 hrs ago

China Agrees to Curb Hybrid Vehicle Exports to the EU

China Agrees to Curb Hybrid Vehicle Exports to the EU

China has agreed to curb its exports of hybrid vehicles to the European Union.

The deal involves China and the EU, a bloc of 27 member countries.

China is seeking to head off harsher trade restrictions from the bloc.

The agreement is a move to reduce the risk of a wider trade dispute.

It is not expected to reshape the broader China-EU trade relationship in the near term.

The available information does not specify the deal's terms or what steps will follow.

Sources

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