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China's Commerce Ministry says China is seriously concerned about the EU's "Made in EU" rules, according to a statement

Newsquawk Staff ·

China's Commerce Ministry says China is seriously concerned about the EU's "Made in EU" rules, according to a statement.

What it means

China's strong concern over the EU's "Made in EU" rules highlights escalating trade tensions between the two economies. This opposition could lead to retaliatory actions, impacting sectors reliant on trade with China and potentially influencing commodity and currency markets.

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