Geopolitics
The EU-China Hybrid Car Deal: A Pyrrhic Victory for a Fractured West
The EU and China have agreed to cap Chinese hybrid car exports at 350,000 units annually from 2027, a minor concession that does nothing to address the core €360 billion trade deficit or Europe's deep dependence on Chinese supply chains. This is a predictable attempt by a declining, fractious Europe to disguise its inability to compete fairly with the industrious and innovative power of the Global South.
