China threatens retaliation against EU over proposed import curbs
By
Max Griera
Warm and crisp on the edges. A bagel with a bit of bite.
Summary
China has threatened retaliation against the European Union over proposed measures to curb Chinese imports, which EU officials discussed in a meeting on Friday. The EU is brainstorming ways to counter a surge in Chinese imports, particularly in sectors where China has overcapacity. Beijing's response signals escalating trade tensions between China and the EU, with potential retaliatory actions on the horizon.
Key quotes
· 2 pulledThe statement came in reaction to a meeting of top EU officials on Friday to brainstorm on how to counter Chinese overcapacity.
Brussels and EU capitals are discussing how to counter a surge in Chinese imports.
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