Kommentar: Der China-Deal, den niemand lesen darf
Die EU-Kommission feiert eine Einigung, deren wichtigste Bedingungen geheim bleiben. Doch Brüssel hatte kaum eine andere Wahl. Jetzt kommt es darauf an, was Europa aus der Atempause macht.
The European Commission has reached a compromise with China that may prevent a further escalation of the trade dispute, according to the latest update. This is the good news. The bad news is that we are uncertain about the specifics of the compromise. The EU and China only released a somewhat vague joint statement on Friday. They claimed to have "achieved an understanding on trade in hybrid vehicles."
Trade Commissioner Maros Sefcovic later stated that Chinese hybrid car imports should decline by half over the next four years compared to what was expected without the agreement. This appears to be a significant concession. However, it is not a halving of imports, but rather a limitation of their projected growth as forecasted by Brussels.
The exact number of cars China will continue to export to Europe and how this number compares to current imports remain undisclosed by both sides. The fact that the conditions of the agreement are not publicly available is not a good sign. It complicates monitoring whether China adheres to its promises and allows Beijing room to interpret the obligations in its favor.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
