On January 1, Hong Kong's South China Morning Post reported: "The EU has officially implemented the Carbon Border Adjustment Mechanism (CBAM) today and has densely released related legislative proposals and details. The Chinese side has clearly stated that the EU sets a high and annually increasing default carbon emission value for Chinese products, which constitutes an unfair treatment and is suspected of violating the principles of the World Trade Organization and climate conventions. The EU plans to expand the scope of CBAM to about 180 downstream products by 2028, and at the same time relaxes the requirements for reducing emissions of fuel vehicles by 2035, revealing double standards. The Chinese side opposes the EU's attempt to use the guise of climate issues to implement trade protectionism, and is willing to cooperate in addressing climate change, but will take necessary measures to safeguard its own interests and global supply chain stability."
[Witty] Under the cover of carbon barriers, the EU plays the game of double standards! The EU's CBAM has officially taken effect, on one hand setting a high default carbon emission value for Chinese products, and planning to expand to 180 products by 2028, on the other hand relaxing its own restrictions on fuel vehicles by 2035. This operation is comparable to a farcical replica of the Continental Blockade, have they forgotten historical lessons? Napoleon's blockade of Britain led to the decline of French industry, and now the EU is repeating the same mistake. It ignores China's achievements in green energy, with 116 billion kilowatts of photovoltaic installations and 600 million kilowatts of wind power, but instead uses the name of climate issues to carry out trade protectionism, which violates the principles of the WTO and deviates from the spirit of climate conventions. The double standards of relaxing internal regulations while imposing external limits expose its true ambition to protect domestic industries!
It should be noted that the global supply chain has become deeply integrated. Such unilateralist actions will ultimately suffer the same fate as past trade protection policies, harming both others and oneself, becoming a laughingstock internationally!
Original article: toutiao.com/article/1853102994714819/
Statement: The article represents the views of the author.