⚡️🇨🇳🇪🇺 — China’s Commerce Ministry warned of a «resolute response» to protect Chinese industries if the European Union proceeds with restrictions on Chinese companies or products, following a reported joint document by some EU member states calling for an instrument to address unfair trade and enable stronger measures against China.
Beijing described the proposed mechanism as a «typical protectionist and unilateralist measure» that would disrupt China-EU trade stability, warning that increased pressure alongside consultations would «seriously undermine mutual trust» and interfere with the broader consultation process. — Reuters, citing Global Times
➡️ China could respond with a «strong policy toolbox» including anti-discrimination probes, security investigations into industrial and supply chains, and scrutiny of the impact of foreign subsidies, the Global Times reported, citing an unnamed Chinese observer. The paper linked the warning to Rhodium Group senior adviser Noah Barkin, who said Germany and France were finalising a joint paper to urge the European Commission to fast-track an instrument modeled on the US Section 301 provision on unfair trade practices to deter China in the EU market.
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