🇪🇺 EU Seeks China Auto Cuts The EU is asking China to voluntarily limit car exports.

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🇪🇺 EU Seeks China Auto Cuts

The EU is asking China to voluntarily limit car exports. Chinese hybrids currently account for about one-third of the European market, and Brussels wants that share cut to 15%.

The EU also wants China to buy more European products. Ursula von der Leyen said the bloc’s trade deficit with China had reached €1 billion.

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