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The EU plans to cap Chinese hybrid car imports at 350,000 a year from December 1 under WTO-compliant safeguards, after Beijing agreed to curb exports in a…
The European Commission “showed openness” to proposing trade "safeguards", a brake on imports that can cover entire sectors, such as chemicals and machinery.
EU caps Chinese hybrid imports at 350,000 a year. A quota limits cars, not money, so the scarcity markup stays with China’s brands. Here’s the math.