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China agrees to changes in vehicle exports and imports, according to preliminary reports
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Summary
Jiang Feng said the joint statement was an early achievement and signaled that China and the EU sought to avoid a trade war. He said the two sides' agreements reflected reciprocity and equality, despite compromises by both. According to preliminary reports, China agreed to curb exports of new energy vehicles, buy more EU medical devices, cut tariffs and tackle existing obstacles to market access.
Key facts
Each fact shows how far it is verified and the sources behind it.
According to preliminary information
DevelopingPreliminary information; it may change as the story develops.
CGTN states: China and the European Union issued a joint statement on Friday setting out 16 agreements.
Sources for this fact
Supports
1 source: CGTN
CGTN states: The statement included plans to curb China's electric vehicle exports, bring in more European medical devices, and make commitments on rare earth exports and intellectual property management.
Sources for this fact
Supports
1 source: CGTN
Jiang Feng states: Jiang Feng said the joint statement was an early achievement and indicated that China and the EU wanted to avoid a trade war.
Jiang Feng states: Jiang Feng said the agreements rested on reciprocity and equality, even though both sides had made concessions.
Jiang Feng states: Jiang Feng said the consultations enabled the EU to obtain demands it had urgently pursued, while China fulfilled its commitments and dealt with major EU concerns.
Sources for this fact
Supports
1 source: CGTN
CGTN states: China agreed to curb exports of new energy vehicles, buy more EU medical devices, cut tariffs and tackle existing obstacles to market access.
Sources for this fact
Supports
2 sources: The Insider, CGTN
Jiang Feng states: Jiang Feng said limiting the overall number of Chinese cars sent to Europe was a substantive consensus that addressed a major concern of car industries in Germany and other European countries.
Jiang Feng states: Jiang Feng said a fast-track process for export licenses covering rare earths and permanent magnets supplied to the EU was extremely important to the EU.
Sources
Every source of this story with its tier and affiliation. Several reports by one source count as one.
CGTN
T2 · established media · state media · international
The Insider
T2 · established media · independent · international
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