China’s Foreign Ministry spokesperson Guo Jiakun said on October 28 that Beijing hopes the European Union will respect market economy principles and avoid abusing trade remedy tools, responding to reports that the EU is considering broader import restrictions on Chinese chemicals, furniture and machinery. He noted that the second meeting of the China-EU trade and investment consultation mechanism had made positive progress and that differences should be resolved through dialogue. Machinery exporters are watching the issue closely as the EU weighs tighter market access for industrial goods.
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