Hey everyone, here’s a quick update on an international trade drama! China has fired back against the EU for including Chinese companies and financial institutions in its 18th round of sanctions against Russia. A spokesperson from the Chinese Commerce Ministry expressed strong dissatisfaction, noting that these sanctions lack a solid international legal basis and have strained economic ties.
According to the statement, China has repeatedly objected to these unilateral measures, which were imposed despite objections and without UN Security Council authorization. The spokesperson warned that such actions could seriously impact long-standing trade relations, urging the EU to stop listing Chinese firms on unfounded grounds. 😮
In response, China affirmed it will take necessary measures to safeguard the legitimate rights and interests of its companies and financial institutions. This stand not only highlights the complexities of global trade but also underlines how interconnected our economies have become in today’s fast-paced world.
Reference(s):
China slams EU sanctions on Chinese companies, financial institutions
cgtn.com
