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Caixin Global
Caixin Global

Business Brief (June 1): China’s Commerce Ministry Warns EU Over Trade Measures

Commerce ministry warns EU over trade tools

The Ministry of Commerce said that China and the EU are important, equal and mutually beneficial economic partners. The ministry urged the EU to abide by World Trade Organization rules and oppose protectionism, warning that China will take countermeasures if the bloc unilaterally introduces new trade tools and discriminatory restrictions.

AI and EV growth squeeze copper supply

Emerging industries like AI and new-energy vehicles are driving intense demand for copper, keeping prices elevated amid low inventories.

NEWS SUMMARY

The Securities Association of China issued draft guidelines on cross-border data flows for brokerages.

A court accepted a shareholder lawsuit against Wuliangye (000858.SZ) for alleged misrepresentation in securities disclosures.

Contact editor Lin Jinbing (jinbinglin@caixin.com)

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