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Story summary
- Germany will press the EU to set import quotas on additional Chinese goods sectors.
- Germany seeks EU safeguards for chemicals, mechanical engineering and possibly pharmaceuticals.
- EU leaders will meet in Brussels Thursday to discuss the $34.8 billion trade deficit with China.
- EU will cap Chinese hybrid vehicle imports at 350,000 units annually.
- Valdis Dombrovskis said the hybrid cap is only the first step, noting broader imbalances.
