China vows countermeasures if EU enacts ‘Made in Europe’ plan
TDT | Beijing
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Beijing slammed yesterday an EU plan aimed to bolster the bloc’s industries against fierce competition from China, vowing countermeasures if it is enacted. Beijing’s commerce ministry said that it had submitted comments to the European Commission on Friday, expressing China’s “serious concerns”.
“If the EU... presses ahead with the legislation, and thereby harms the interests of Chinese companies, China will have no choice but to take countermeasures to firmly safeguard the legitimate rights and interests of its enterprises,” the commerce ministry warned.
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