Chinese Commerce Ministry, on the EU wind turbine probe, says it will take necessary measures to safeguard firms' legitimate rights and interests; accuses EU of hurting Chinese firms' investment confidence

This statement from the Chinese Commerce Ministry reflects escalating tensions between China and the EU, particularly regarding trade practices.

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Chinese Commerce Ministry, on the EU wind turbine probe, says it will take necessary measures to safeguard firms' legitimate rights and interests; accuses EU of hurting Chinese firms' investment confidence

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Context

By emphasizing the protection of Chinese firms' rights, it signals potential retaliatory measures, which could impact EU-China trade relations and investor sentiment in both regions. Traders should be mindful of any market reactions in commodities and related currencies as these geopolitical tensions unfold.

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