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Beijing Blacklists 14 EU Firms After Brussels Targets Chinese Companies In Latest Russia Sanctions Package

Tyler Durden
3 hours ago
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Beijing Blacklists 14 EU Firms After Brussels Targets Chinese Companies In Latest Russia Sanctions Package

Beijing Blacklists 14 EU Firms After Brussels Targets Chinese Companies In Latest Russia Sanctions Package Via The Cradle Beijing prohibited 14 EU companies from obtaining Chinese dual-use goods on Friday, targeting Europe's defense industry shortly after the EU included 14 Chinese and Hong Kong firms in its 21st sanctions package against Russia. Announcing the measures with immediate effect, the Chinese Commerce Ministry called the bloc's conduct "egregious" and demanded the EU "immediately correct its wrongdoing, eliminate the egregious impact, and safeguard the overall interests of China–EU relations with concrete actions." AFP/Getty Images The restrictions cover dual-use items, goods, software, and technology with...

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