China warned it will take countermeasures if the European Union moves forward
with new restrictions on Chinese imports, as trade tensions between the sides
escalate. Commerce Ministry spokesman He Yadong questioned whether the EU should
also be considered to have “overcapacity” in sectors such as cars,
pharmaceuticals, wine and cosmetics. He urged Brussels to return to dialogue and
warned of “resolute countermeasures” against discriminatory measures. The
comments followed reports that EU officials are considering tougher trade
actions to address a surge in Chinese exports.