— Reuters
BEIJING: China and the European Union (EU) have reached “technical consensus” in their talks aimed at scaling back or reversing tariffs that the bloc applied to China-made electric vehicles, according to a posting on a Weibo account affiliated with the state-run China Central Television (CCTV).
The two sides have been exploring an agreement on so-called price undertakings – a complex mechanism to control prices and volumes of exports, used to avoid tariffs.
