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.”