Brussels, 15/06/2006 (Agence Europe) - On Thursday, China announced that it would agree to reduce its Customs duties on imported spare parts for motor cars by10% - currently they stand at between 13.8% and 16.4% - from 1st July. In a press release, the Finance Ministry says that the tax on imported vehicles will also fall, from 28% to 25%. The EU considers that the high Customs duties imposed by China on imported parts acts as a discouragement to Chinese producers to use foreign parts for...