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China warns of countermeasures against trade protectionism under 'overcapacity' pretext

Asia-Pacific 1 source 1 country 🔦 Under-reported 29m ago

The Chinese Ministry of Commerce announced on Friday that the nation is prepared to implement necessary countermeasures against any economies that utilize the pretext of industrial 'overcapacity' to enact trade protectionist policies. The ministry stated that these potential actions are intended to safeguard Chinese commercial interests against restrictive measures that unfairly target its domestic industries.

This warning follows increasing international scrutiny regarding Chinese manufacturing output and its impact on global markets. By characterizing these foreign trade policies as protectionist, Beijing is signaling a shift toward a more assertive stance in defending its economic position against evolving international trade barriers.

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Read the full story at the source ECNS (Beijing, China) · CN ↗
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