Paragraph 1
China has agreed to halve its
of hybrid cars to the European Union. The
was negotiated with both sides seeking to avoid a
trade war. The EU's trade
said the agreement could prevent millions of
from entering the EU. He said: "This package proves that
bring results." EU carmakers are struggling to compete with
Chinese imports. China's rise has increased fears of factory
and job losses. Despite these
, the EU commissioner was pleased with the talks. He said they could help bring more equitable trade
.
