China Warns EU: 'Kill Switch' Trade Threat Is a Fantasy
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China has warned the European Union not to "fantasise" that a hard line will force Beijing into trade concessions. The warning came after the EU confirmed plans for a new "kill switch" mechanism.
The tool would allow Brussels to "immediately" remove China from European markets in a trade dispute. Beijing rejected the idea that pressure will make it back down.
The exchange marks a new low in China-EU trade relations.