China Pledges to Retaliate If EU Imposes Trade Restrictions

China warned it would “resolutely” retaliate if the European Union proceeds with new restrictive trade measures, following a May 29 European Commission discussion on China policy.

“Should the EU insist on unilaterally introducing new trade instruments and imposing discriminatory restrictions, China will resolutely take countermeasures and adopt effective measures to safeguard its own interests,” the Ministry of Commerce said in a statement on Saturday.

That follows preliminary meetings held on Friday by the European Commission, which handles trade matters for the EU, to discuss how to address rising economic competition from China, including a flood of products that have undercut ...