EU and China Strike Deal on EV Imports
Reading
China and the EU found a way to solve their car problem. They agreed on steps to end their dispute about electric cars.
The EU gave new instructions to Chinese car makers. They must offer fair prices for their electric vehicles.
The European market is open to all electric cars. But these cars must follow fair trade rules.
China thinks this helps its good trade with the EU. It also makes international trade rules stronger and fair.
Earlier tariffs made the relationship between China and EU hard. Chinese electric car sales in Europe will continue to grow.
Questions
What problem did China and the EU solve?
They solved their car problem about electric cars.
What must Chinese car makers do according to the EU's new instructions?
They must offer fair prices for their electric vehicles.
Why does China think the agreement is good?
It helps their trade with the EU and makes international trade rules stronger.
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