Carbon barriers.

Europe's carbon border mechanism, set to impose a levy on high-carbon good imports, creates a new trade barrier for Chinese exports, China's state-backed steel association said, Reuters writes.

As the new rules move closer to reality (a trial stage began in October), expect these kinds of messages to increase, as Europe works to put its industries and foreign competitors on a level footing.

Anca heashot

Anca Gurzu

Chief Europe Correspondent