As You Do to Me ... The EU Sanctions—China Retaliates with Sanctions

Source: dpa 1 min Reading Time

In response to the new EU sanctions against Russia, China has now imposed export controls on 14 companies from Germany and other European countries ...

The Chinese Ministry of Commerce in Beijing (Image) has also responded to the recent EU sanctions against Russia – with sanctions against the EU! Here are some details ...(Image: VCG)
The Chinese Ministry of Commerce in Beijing (Image) has also responded to the recent EU sanctions against Russia – with sanctions against the EU! Here are some details ...
(Image: VCG)

As a result of the 21st round of sanctions, 14 companies from China and the Chinese Special Administrative Region of Hong Kong have now been added to the EU list, as reported. In response, the Ministry of Commerce in Beijing justified its decision to impose sanctions as well. With this measure, China aims to safeguard national security and national interests, as stated in Beijing. Export companies are now prohibited from supplying so-called "dual-use" goods (items with both civilian and potential military uses) to the affected EU players. Additionally, foreign individuals or organizations are not permitted to provide these companies with corresponding goods originating from the People's Republic.

Response to EU Decision Against 51 Entities

Affected by the new Chinese bans are companies such as Rheinmetall, the Antraco Chemical Trading Company from Duisburg (Germany), and Sindlhauser Materials from Kempten (Germany). Additionally, Beijing has placed companies from Italy, France, Poland, and the Netherlands on the list (incidentally, more countries are affected than mentioned here). The measures have also taken effect immediately. Previously, EU member states had agreed on a new sanctions package in response to Russia's war of aggression against Ukraine. According to an EU statement, the Council of Member States added 51 entities to a list for export restrictions on the aforementioned types of goods and technologies, as they were allegedly supporting Russia's military and defense industry. Some of these entities, according to the statement, are based in third countries such as China (including Hong Kong), as well as India, Kazakhstan, or Kyrgyzstan.

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