Carmakers Seek Unified China Policy
3d
European automakers called for coordinated political support to counter Chinese competition as the Paris Motor Show opened Monday, amid differing French and Spanish approaches to Chinese investment.
Reposted by Simon Lester
Reading between the lines:
All sounds very airy fairy in current climate, but optics of this deal surely a huge boon to China. Can show the world that it values WTO & system. Can negotiate a deal with a big power. So it's a PR win that soothes ties with major trade partner
All sounds very airy fairy in current climate, but optics of this deal surely a huge boon to China. Can show the world that it values WTO & system. Can negotiate a deal with a big power. So it's a PR win that soothes ties with major trade partner
October 12, 2026 at 8:34 AM
Reading between the lines:
All sounds very airy fairy in current climate, but optics of this deal surely a huge boon to China. Can show the world that it values WTO & system. Can negotiate a deal with a big power. So it's a PR win that soothes ties with major trade partner
All sounds very airy fairy in current climate, but optics of this deal surely a huge boon to China. Can show the world that it values WTO & system. Can negotiate a deal with a big power. So it's a PR win that soothes ties with major trade partner
Reposted by Simon Lester
💥Confirmation of EU-China trade deal detail:
- Yearly quota of 350,000 hybrid units with fixed annual increase adjustment rate of 6%. This will cut by more than half the current Chinese exports to the EU, which is estimated to reach around 800,000 units in full year 2026
- Yearly quota of 350,000 hybrid units with fixed annual increase adjustment rate of 6%. This will cut by more than half the current Chinese exports to the EU, which is estimated to reach around 800,000 units in full year 2026
October 12, 2026 at 8:33 AM
💥Confirmation of EU-China trade deal detail:
- Yearly quota of 350,000 hybrid units with fixed annual increase adjustment rate of 6%. This will cut by more than half the current Chinese exports to the EU, which is estimated to reach around 800,000 units in full year 2026
- Yearly quota of 350,000 hybrid units with fixed annual increase adjustment rate of 6%. This will cut by more than half the current Chinese exports to the EU, which is estimated to reach around 800,000 units in full year 2026
”EU will cap the import of Chinese hybrid vehicles at 350,000 cars per year, according to a document outlining the plan and seen by Bloomberg News, a measure taking effect as soon as Dec. 1.”
🇪🇺🇨🇳
www.bloomberg.com/news/article...
🇪🇺🇨🇳
www.bloomberg.com/news/article...
China Moves to Stave Off Wider EU Trade War With Hybrid Deal
With an agreement to curb exports of hybrid vehicles to the European Union, China is betting it can sidestep harsher restrictions from the 27-member bloc with a gesture that has little immediate prosp...
www.bloomberg.com
October 12, 2026 at 4:36 AM
”EU will cap the import of Chinese hybrid vehicles at 350,000 cars per year, according to a document outlining the plan and seen by Bloomberg News, a measure taking effect as soon as Dec. 1.”
🇪🇺🇨🇳
www.bloomberg.com/news/article...
🇪🇺🇨🇳
www.bloomberg.com/news/article...
Reposted by Simon Lester
Sefcovic briefed EU ambassadors today on his talks in China.
Per diplomatic sources, EU imports of Chinese hybrid cars will be capped at 350,000 per year from December 1, via the use of a safeguard measure.
This is what Commission proposed, still needs approved by capitals
Per diplomatic sources, EU imports of Chinese hybrid cars will be capped at 350,000 per year from December 1, via the use of a safeguard measure.
This is what Commission proposed, still needs approved by capitals
October 11, 2026 at 6:03 PM
Sefcovic briefed EU ambassadors today on his talks in China.
Per diplomatic sources, EU imports of Chinese hybrid cars will be capped at 350,000 per year from December 1, via the use of a safeguard measure.
This is what Commission proposed, still needs approved by capitals
Per diplomatic sources, EU imports of Chinese hybrid cars will be capped at 350,000 per year from December 1, via the use of a safeguard measure.
This is what Commission proposed, still needs approved by capitals
Reposted by Iikka Korhonen
Europe can fight the ‘China shock’...
...but it requires Brussels to prioritise creative destruction over protectionism. My latest @financialtimes.com column:
as.ft.com/r/9bf222ea-2...
...but it requires Brussels to prioritise creative destruction over protectionism. My latest @financialtimes.com column:
as.ft.com/r/9bf222ea-2...
October 11, 2026 at 11:49 AM
Europe can fight the ‘China shock’...
...but it requires Brussels to prioritise creative destruction over protectionism. My latest @financialtimes.com column:
as.ft.com/r/9bf222ea-2...
...but it requires Brussels to prioritise creative destruction over protectionism. My latest @financialtimes.com column:
as.ft.com/r/9bf222ea-2...
5/6
rather because of its deep consumption imbalance and the very low household income share of GDP.
As long as that happens, the only recourse for the EU, if it does not want to accept deindustrialization, is either to reduce its own household share of...
rather because of its deep consumption imbalance and the very low household income share of GDP.
As long as that happens, the only recourse for the EU, if it does not want to accept deindustrialization, is either to reduce its own household share of...
October 11, 2026 at 5:13 AM
5/6
rather because of its deep consumption imbalance and the very low household income share of GDP.
As long as that happens, the only recourse for the EU, if it does not want to accept deindustrialization, is either to reduce its own household share of...
rather because of its deep consumption imbalance and the very low household income share of GDP.
As long as that happens, the only recourse for the EU, if it does not want to accept deindustrialization, is either to reduce its own household share of...
4/6
For historical reasons, trade discussions are usually held on a product-by-product basis, but while that may make sense in a world of broadly balanced trade, it makes no sense in a world of deep, persistent imbalances. China runs huge surpluses not because it produces too many hybrids but...
For historical reasons, trade discussions are usually held on a product-by-product basis, but while that may make sense in a world of broadly balanced trade, it makes no sense in a world of deep, persistent imbalances. China runs huge surpluses not because it produces too many hybrids but...
October 11, 2026 at 5:13 AM
4/6
For historical reasons, trade discussions are usually held on a product-by-product basis, but while that may make sense in a world of broadly balanced trade, it makes no sense in a world of deep, persistent imbalances. China runs huge surpluses not because it produces too many hybrids but...
For historical reasons, trade discussions are usually held on a product-by-product basis, but while that may make sense in a world of broadly balanced trade, it makes no sense in a world of deep, persistent imbalances. China runs huge surpluses not because it produces too many hybrids but...
3/6
All that will happen is a shift in the locus of net manufacturing imports from China, so that EU producers of hybrids will be better off, but at the expense of other EU manufacturers.
All that will happen is a shift in the locus of net manufacturing imports from China, so that EU producers of hybrids will be better off, but at the expense of other EU manufacturers.
October 11, 2026 at 5:13 AM
3/6
All that will happen is a shift in the locus of net manufacturing imports from China, so that EU producers of hybrids will be better off, but at the expense of other EU manufacturers.
All that will happen is a shift in the locus of net manufacturing imports from China, so that EU producers of hybrids will be better off, but at the expense of other EU manufacturers.
2/6
This may seem like a victory, but the problem is a systemic one, and not sectoral. Because this agreement does not in any way address either China's demand imbalance or the overall role of the EU in absorbing that imbalance, it won't have much effect on overall EU manufacturing.
This may seem like a victory, but the problem is a systemic one, and not sectoral. Because this agreement does not in any way address either China's demand imbalance or the overall role of the EU in absorbing that imbalance, it won't have much effect on overall EU manufacturing.
October 11, 2026 at 5:13 AM
2/6
This may seem like a victory, but the problem is a systemic one, and not sectoral. Because this agreement does not in any way address either China's demand imbalance or the overall role of the EU in absorbing that imbalance, it won't have much effect on overall EU manufacturing.
This may seem like a victory, but the problem is a systemic one, and not sectoral. Because this agreement does not in any way address either China's demand imbalance or the overall role of the EU in absorbing that imbalance, it won't have much effect on overall EU manufacturing.
1/6
NYT: "Maros Sefcovic, the trade commissioner of the 27-nation bloc, said that the understanding could lead to China’s halving the number of hybrid gasoline-electric cars that it sends to the European Union in the next four years."
www.nytimes.com/2026/10/09/b...
NYT: "Maros Sefcovic, the trade commissioner of the 27-nation bloc, said that the understanding could lead to China’s halving the number of hybrid gasoline-electric cars that it sends to the European Union in the next four years."
www.nytimes.com/2026/10/09/b...
China and Europe Step Back From Trade War With Limits on Chinese Car Exports
The European Union said the deal could roughly halve shipments of hybrid vehicles from China in the next four years. But it also could lead to an even stronger Chinese auto industry.
www.nytimes.com
October 11, 2026 at 5:13 AM
1/6
NYT: "Maros Sefcovic, the trade commissioner of the 27-nation bloc, said that the understanding could lead to China’s halving the number of hybrid gasoline-electric cars that it sends to the European Union in the next four years."
www.nytimes.com/2026/10/09/b...
NYT: "Maros Sefcovic, the trade commissioner of the 27-nation bloc, said that the understanding could lead to China’s halving the number of hybrid gasoline-electric cars that it sends to the European Union in the next four years."
www.nytimes.com/2026/10/09/b...
Reposted by Edgar Morgenroth
So the US economy in ruin over the Iran war of which they will lose and Russia, Irans ally, will be bailed out by the US , so Russia can continue their invasion of Ukraine of which the US will stop supporting Ukraine and the EU will pretend is not happening as they half ban Chinese cars
October 10, 2026 at 7:02 PM
So the US economy in ruin over the Iran war of which they will lose and Russia, Irans ally, will be bailed out by the US , so Russia can continue their invasion of Ukraine of which the US will stop supporting Ukraine and the EU will pretend is not happening as they half ban Chinese cars
Reposted by Julien Chaisse
“If China cannot be persuaded to rebalance the system and reduce its exports, Europe will become increasingly protectionist,” warns Pascal Lamy. “So let us test Chinese willingness to reform”
How Europe should handle its trade problem with China
It has a ready-made template to force rebalancing should talks fail, writes Pascal Lamy
bit.ly
October 10, 2026 at 2:40 PM
“If China cannot be persuaded to rebalance the system and reduce its exports, Europe will become increasingly protectionist,” warns Pascal Lamy. “So let us test Chinese willingness to reform”