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    Economy

    Chinese commerce ministry slams EU's inclusion of Chinese companies and individuals in 'fully-fledged listings'

    2024-12-19 14:00:24Global Times Editor : Li Yan ECNS App Download

    China deplores and firmly opposes the EU's move, the Chinese Commerce Ministry said on Thursday in response to a question regarding the EU's decision to include Chinese companies and individuals in this sanctions list for the first time.

    The ministry vows to take necessary measures to firmly safeguard the legitimate and lawful rights and interests of Chinese companies.

    Despite repeated representations and opposition from China, the EU has included some Chinese entities and individuals in its 15th sanctions list against Russia, the ministry noted in a statement, reiterating the country's firm opposition to unilateral sanctions that have no basis in international law or authorization by the UN Security Council.

    The EU's action contravenes the spirit of consensus reached between Chinese and EU leaders and will negatively affect China-EU economic and trade relations, the ministry said.

    China urges the EU to immediately stop its wrongdoing and refrain from harming the legitimate rights and interests of Chinese companies, in order to maintain the China-EU comprehensive strategic partnership and ensure the stability of global industrial and supply chains.

    According to a statement released by the European Commission (EC), the European Council adopted its 15th sanctions package against Russia on Monday, with 84 additional listings, including 54 individuals and 30 entities, responsible for actions undermining the territorial integrity, sovereignty, and independence of Ukraine.

    The EU has adopted "fully-fledged listings" (i.e. a travel ban, an asset freeze and a prohibition to make funds available) on seven Chinese individuals and entities.

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