Capital and Labour Do Not Mix!

China: Lawsuit Filed Against Final EU Anti-Subsidy Ruling – MOC! (31.10.2024)

China has reiterated that the EU’s anti-subsidy investigation is unfair, non-compliant and unreasonable protectionist practice, according to the MOC, which called it a case of “unfair competition” in the name of “fair competition.”

China will continue to take all necessary measures to resolutely protect the legitimate rights and interests of Chinese companies, it was stressed.

While the EU has expressed its intention to continue consultations with China on price commitment, the latter has consistently advocated for the resolve of trade disputes through dialogue and consultations and has made every effort toward this end.

Currently, technical teams from both sides are engaged in a new round of discussions to achieve a mutually acceptable solution and prevent the escalation of trade friction, the MOC said.

Labour & Capital Does Mix!

China: Latest US Restrictive Investment Measures Opposed! (31.10.2024)

The restrictions cover areas such as semiconductors, artificial intelligence and quantum computing, with the vast majority of related industries not impacting national security concerns, however will still be subjected to the U.S. bans, the spokesperson said.

Many U.S. business associations and companies have warned that the investment restrictions will cause U.S. firms to cede the Chinese market to other international competitors, seriously harming U.S. interests, the spokesperson said.

China hopes the U.S. will respect the laws of the market economy, and stop politicizing and weaponizing economic and trade issues, in order to create a favourable environment for China-U.S. economic and trade cooperation, the spokesperson added.