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Story summary
- EU Trade Commissioner Maros Šefcovic travels to Beijing on October 8-9 for trade rebalancing talks.
- European Commission urges China to set export limits on plug-in hybrid electric vehicles.
- EU plans a diversification rule that requires firms in sectors to have three suppliers.
- EU may adopt a 301-like tool that could cut Chinese imports within 24 hours.
- China’s July 28 position paper rejects overcapacity as a structural issue, widening the EU-China divide.