China urged the European Union (EU) this week to avoid escalating trade disputes after the bloc launched 15 trade investigations targeting Chinese products in 2024. The latest move involves planned anti-dumping duties on titanium dioxide, a key industrial chemical. 💼
🔍 'China hopes the EU side will strictly follow WTO rules,' said He Yadong, spokesperson for China's Commerce Ministry, emphasizing Beijing's preference for dialogue over trade wars. He added that China will 'firmly safeguard' its businesses' rights amid rising friction.
Why It Matters
With the EU being China's second-largest trading partner, tensions could ripple through global supply chains—affecting everything from tech components to green energy projects. 🌱⚡️
\"We don’t want trade frictions to escalate,\" stressed He, highlighting China's push for cooperative solutions.
The situation underscores growing economic headwinds as nations balance protectionist policies with interdependence in key industries. Analysts warn prolonged disputes could slow innovation in sectors like EV batteries and solar tech. 🔋☀️
