EU sanctions against Chinese companies backed by Russia China’s Ministry of Commerce “don’t set a bad precedent”

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China’s Ministry of Commerce has also called for a halt to the EU’s push to impose sanctions on Chinese companies supporting Russia’s war with Ukraine.

According to the Ministry of Commerce of China on the 11th, Spokesman Su Jie Ting said at a regular briefing that day, “China and Russia are conducting normal trade cooperation on the basis of mutual respect and win-win cooperation.” We are not trying to gain an unfair advantage.”

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Spokesperson Su also mentioned, “We resolutely oppose the imposition of unilateral sanctions and expanded jurisdiction (a move to apply a country’s domestic law outside the region) against China under the pretext of China-Russia cooperation, which has no basis in international law and is not approved by the UN Security Council.”

“I hope that the European side will value the trend of mutual trust and cooperation and act prudently,” he urged, “not to leave a bad precedent.”

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According to the Financial Times (FT) on the 7th, the EU’s 11th sanctions against Russia included a plan to ban the export of core technologies to at least seven Chinese-based companies.

There are two companies in mainland China, including 3HC Semiconductor and King Pai Technology, and five Hong Kong companies: Shinno Electronics, Sigma Technology, Asia Pacific Link, Todan Industries, and Alpha Trading Investment.

Ukrainian War Year 1

Some of these companies are already on the U.S. sanctions list.

In order for the sanctions to come into effect, 27 member states must unanimously approve them.

Earlier, the Chinese Ministry of Foreign Affairs also said, “If the relevant reports are true, Europe’s actions will severely undermine mutual trust and cooperation between China and Europe and deepen division and confrontation in the world, which is very dangerous.”

He also warned that if the EU imposes relevant sanctions, China will firmly defend its reasonable and legitimate rights and interests.

Chinese State Councilor and Foreign Minister Qin Gang also announced on the 9th that he would take necessary measures if Chinese companies doing business with Russia are subject to EU sanctions.

Source: Donga

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