European Union leaders are set to direct the European Commission to rapidly develop new trade instruments to address perceived economic imbalances stemming from China’s policies. This directive will be issued during a meeting in the Belgian capital, Brussels, on Thursday, as part of preparations for the upcoming European Council summit. The move follows a recent, unexpected agreement reached in Beijing, China, which will limit the quantity of Chinese hybrid vehicles imported into the EU. The agreement has prompted concerns among EU members regarding fair competition and the potential impact on their domestic industries. EU leaders believe new measures are crucial to level the playing field and protect the bloc’s economic interests. The draft statement signifies a growing resolve within the EU to proactively respond to China’s evolving economic strategies.