The EU is set to launch a probe into China’s exploding textile exports this week just as trade officials are warning that doing so could be perilous to trade structures and other industries.
The World Trade Organization (WTO) is urging the European Union and China to talk through their dispute over China’s booming textiles exports amid fears that an outright clash would be a severe test for the global trade body.
See also “US and EU to probe China textiles” from the BBC.