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News 2026-09-23 01:28 UTC

EU made-in-China car cap flashes amber warning

By Katrina HamlinThe bloc wants Beijing to limit imports of plug-in hybrids to 15% of market share, the FT reports. It echoes a 1980s deal with Japanese carmakers but lacks the same bite. Still, as Brussels' patchwork of policies grows, Chinese exporters' rapid acceleration into Europe may stall.Fu…