2024-08-16
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Recently, China formally submitted a complaint to the WTO, firmly opposing the EU's decision to impose tariffs on Chinese new energy vehicles. This action is not only a direct counterattack against unfair trade, but also a strategic declaration of China on the international stage - we will not sit idly by and watch any actions that harm our own interests, and we will use the spirit of the rule of law as a weapon to defend China's legitimate rights and interests. This move by China seems to be a response to a single trade dispute, but in fact it is laying out a broader global trade pattern, showing China's calm and reasonable demeanor as a major country in a complex international environment.
Although the WTO is facing many challenges, China still chooses to speak out through this international platform, which in itself is a reflection of its firm confidence in the multilateral trading system. We are well aware that maintaining the free trade path is to safeguard the prosperity and stability of the global economy. China's actions are not only to fight for fair treatment for itself, but also to set an example for all countries and regions that support free trade and jointly resist the countercurrent of protectionism.
At the same time, the changing situation within the EU has also added more variables to this dispute. Although the "European Capital Markets Union" plan proposed by Ms. von der Leyen is ambitious, it also faces many difficulties. This is not only a profound reshaping of the European capital market, but also a severe test of the EU's internal unity and cooperation capabilities. The independent stance of countries such as Hungary has made the EU's foreign policy direction full of uncertainty. Against this background, the economic and trade relations between China and Europe will undoubtedly be affected by more complex and changeable factors.