Key facts
- The EU has imposed new regulations on Chinese steel and e-commerce imports.
- A 3 euro customs duty will be applied to parcels under 150 euros.
- Annual steel import quotas have been established.
- A 50% duty will be applied to steel imports exceeding quotas.
- These measures aim to address the EU's trade deficit with China.
- The EU is shifting its policy on Chinese investment towards conditional openness.
- Stricter security controls are being implemented for Chinese investment.
- European authorities are prioritizing compliance in key sectors.
- The EU is encouraging localization over exports for Chinese businesses.
