China Warns EU of Retaliation Amid Trade Talks and 880B Euro Deficit

China's commerce ministry warned that it will respond firmly if the European Union introduces restrictions on Chinese businesses. This statement comes ahead of high-level talks in Beijing next week where mutual trade interests are at stake. The EU, with a record trade deficit of 880 billion euros, wants concrete results from China by October, or it may impose harsher measures. This development is critical for investors as the EU's actions could impact trade relations and economic dynamics involving Chinese goods.