China's Wang Yi urges stable EU-China trade ties in talks with French, Slovak counterparts
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The EU is set to introduce quotas on Chinese hybrid vehicles, a concrete measure to curb the influx of cheap imports and allow European automakers time to catch up technologically. This marks a shift from previous tariff-based measures to quantitative restrictions, signaling escalating trade friction. The move could escalate tensions with China and impact global auto supply chains.
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