Business & Finance
EU Agrees to Discuss Curbs on Chinese Inverters After Trade Meet
Key Points
EU Agrees to Discuss Curbs on Chinese Inverters After Trade Meet China and the European Union have agreed to discuss the bloc’s restrictions on imports of inverters, a key piece of clean technology, offering potential relief to Chinese firms facing curbs on sales to a major overseas market. Last week’s trade talks between the two sides concluded with a 16-point accord headlined by Beijing’s agreement to slash millions of hybrid car exports. Brussels also agreed to “consult on market access...
EU Agrees to Discuss Curbs on Chinese Inverters After Trade Meet
China and the European Union have agreed to discuss the bloc’s restrictions on imports of inverters, a key piece of clean technology, offering potential relief to Chinese firms facing curbs on sales to a major overseas market.
Last week’s trade talks between the two sides concluded with a 16-point accord headlined by Beijing’s agreement to slash millions of hybrid car exports. Brussels also agreed to “consult on market access issues” for items including inverters, China’s Ministry of Commerce said in a statement late Friday.