Hey folks! 🚨 Big update from Beijing:
On October 23, the European Union announced its 19th round of sanctions on Russia and, for the first time, slapped measures on major Chinese refineries and oil traders. This move came despite repeated warnings from Beijing.
China’s Ministry of Commerce has voiced strong dissatisfaction and firm opposition. They argue that these unilateral sanctions lack backing in international law and weren’t approved by the United Nations. ⚖️
The spokesperson stressed that the EU’s decision contradicts the spirit of cooperation agreed upon by Chinese and EU leaders, and it could shake up global energy security. 🌐🛢️
China is urging Brussels to immediately stop including Chinese companies in its blacklist and avoid going further down this path. They also warned that necessary steps will be taken to safeguard the legitimate rights of Chinese firms and protect their energy and economic interests.
What’s next? Keep an eye on trade talks and international energy markets—this could ripple through global supply chains, impacting prices at the pump and beyond.
Stay tuned for more updates! 👍
Reference(s):
China's Ministry of Commerce opposes EU sanctions on Chinese firms
cgtn.com
