China criticises EU’s Carbon Border Adjustment Mechanism

China criticises EU’s Carbon Border Adjustment Mechanism — — -Brussels (Brussels Morning) China has criticised the EU’s impending Carbon Border Adjustment Mechanism (CBAM), which will impose a carbon tax on import of carbon-intensive products.

Beijing insists that the move violates international trade rules, forces climate issues into the trade arena, and that it will impede overall economic growth, Reuters reports.