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BackChina slams EU’s potential new trade safeguards, says they may violate WTO rules
China slams EU’s potential new trade safeguards, says they may violate WTO rules
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SCMP Economy1 hour agoBusiness1 min readChina

China slams EU’s potential new trade safeguards, says they may violate WTO rules

chinaeuropean uniontrade

Quick Look

China's Ministry of Commerce has warned the EU against implementing new trade safeguards on Chinese exports, claiming such measures violate WTO rules and threaten global supply chain stability.

AI-generated summary

Why It Matters

The EU is considering trade safeguards that could impact Chinese exports. China views these potential restrictions as a violation of international trade norms.

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Beijing reiterated its opposition on Thursday to potential new European Union trade safeguards targeting Chinese exports, vowing to take “all necessary measures” to defend the interests of its companies.

“Artificially restricting normal trade is suspected of violating World Trade Organization rules,” said Huang Ling, spokeswoman for China’s Ministry of Commerce, at a weekly press conference.

“Far from improving the competitiveness of EU industry, it will increase the burden on downstream industries, push up inflation in the EU, and undermine the security and stability of global industrial and supply chains.”

Open Questions

  • What specific EU industries are targeted by the safeguards?
  • What 'necessary measures' will China take in retaliation?

Related Topics

china
PeopleHuang Ling
OrganizationsMinistry of CommerceEuropean UnionWorld Trade Organization
Topicseuropean uniontradewtoexportscommerce
This article was originally published by SCMP Economy.

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