The EU is launching a review of trade data to identify increases in imports from China and other countries, which could lead to the introduction of trade quotas for additional sectors of goods. Bloomberg News reports this.
The EU is examining more sectors, including chemicals and industrial goods, where the agreement with China on imports of hybrid cars could serve as a similar plan for other sectors.
The background is that the EU is seeking to reduce its large trade deficit with China, which reached a record high in September.
