China has signaled its intent to protect domestic automakers amid growing tensions with the European Union over trade restrictions. Reports indicate the EU has proposed capping Chinese hybrid vehicle exports at 15 percent of total sales to prevent market disruption. Beijing has responded by vowing to take measures to shield its automotive industry from potential retaliatory actions. The move underscores deepening trade frictions between the two economic powerhouses.
China wants to safeguard Chinese automakers after the EU reportedly requested China limit hybrid vehicle sales to 15 percent to avoid a trade war.
