China Challenges U.S. Trade Investigations
China's commerce ministry asserts that the U.S. lacks the authority to unilaterally determine 'overcapacity' through Section 301 investigations and impose restrictive measures. China is analyzing the situation and reserves the right to defend its rights and interests, as stated by the ministry in a statement.
- Country:
- China
China's commerce ministry has sharply criticized the United States' use of Section 301 investigations to claim that a trading partner has 'overcapacity.' The ministry emphasizes that such determinations cannot be made unilaterally by the U.S.
In response, officials in Beijing are conducting a thorough analysis and assessment regarding the probe. The ministry underscores its intention to preserve China's rights and interests in the face of potential U.S. trade restrictions.
This development highlights ongoing tensions in U.S.-China trade relations, with China signaling readiness to take necessary measures to defend its economic sovereignty.
(With inputs from agencies.)
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