China’s MOFCOM: China to seriously assess impact from US and Europe trade measures

China’s Commerce Ministry (MOFCOM) is out with the latest statement on the ongoing trade war issue.

Key Points:

China to seriously assess the impact from the US and Europe measures towards them.

Will take action to resolutely safeguard Chinese firms' interests.

Hopes the EU can prudently adopt trade protection measures on steel.

Willing to strengthen communication with EU to cope with the chaos caused by the US.