TradeHighReportedAccelerating
7.1
China, EU reach compromise on hybrid car export volumes
Tagesschau·CN · DE · EU·2 days ago
Chinese automaker Chery's Jaecoo 7 became Britain's bestselling car in September, with Chinese brands capturing 23% of UK new car sales. The EU faces a dilemma: countering Beijing's auto exports via tariffs or other measures risks alienating member states and partners like the UK that benefit from trade. This highlights the growing tension between European economic security and commercial ties with China.