The Chinese cut in cars sent to the EU transmits confidence, not surrender
Pekín acepta limitar las exportaciones porque confía en que sus grandes fabricantes puedan producir más en Europa
China may restrict some vehicle exports to the EU, but this is not a sign of surrender. A recent agreement with Brussels suggests that China is confident that companies like BYD and Geely can increase production in Europe. The Chinese government appears willing to sacrifice growth opportunities for smaller and lagging competitors.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
