The European Union is preparing to extend its curbs on Chinese imports of chemicals, furniture and machinery to fight a “China Shock 2.0,” after Beijing agreed in closed-door talks earlier this month to cap its hybrid car exports to the bloc. The European Commission plans to use safeguard measures to cut imports of chemicals, furniture […]

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Beijing has rebuffed a European Union request to voluntarily cap hybrid car exports to the bloc, raising the prospect of new, steep EU tariffs on Chinese hybrids, which have so far escaped the duties on pure electric vehicles. China has refused to set quotas on its exports of hybrid electric vehicles (HEVs) and plug-in hybrid […]

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