00:00China has rejected European Union calls to voluntarily limit its electric vehicle exports,
00:06warning it will take necessary measures to protect Chinese companies.
00:10Chinese Foreign Ministry spokesperson Guo Jiakund is urging Brussels to honor its commitment
00:16to free trade and provide a fair business environment for Chinese companies.
00:22The comments by Guo came following reports that Brussels had asked Beijing
00:27to cap the sales of Chinese hybrid vehicles at around 15 percent of the EU market.
00:33The 27-nation bloc is concerned about the trade imbalance with China
00:37and the damage Brussels says it is inflicting on key European industries.
00:43President of the European Commission Ursula von der Leyen warned
00:46that the bloc's trade deficit with China hit 360 billion euros in 2025,
00:52describing it as a tipping point.
00:54EU Trade Commissioner Maro Sefcovic will be leading talks with Beijing in October
00:59as Brussels seeks to tackle a widening trade imbalance with Beijing
01:03without triggering a broader trade war.
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