TradeHighReportedAccelerating
8.5
EU and China reach preliminary deal to cap Chinese hybrid vehicle exports to Europe
Axios·EU · CN·about 19 hours ago
Chinese Vice President He Lifeng expressed willingness to cooperate with the EU to strengthen trade stability during a meeting with French diplomat Emmanuel Bon. This overture suggests a potential softening in trade tensions, though concrete outcomes remain unspecified. The move may signal China's intent to counterbalance US pressure and stabilize economic relations with Europe.