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 officia

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.