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China warns EU against sanctions bid

From global.chinadaily.com.cn

China's top diplomat to the European Union said that Beijing will respond strongly to any EU sanctions on Chinese entities for alleged circumvention of EU sanctions on Russia without providing any solid evidence. Fu Cong, head of the Chinese Mission to the EU, made this remark during an interview with the New Statesman on May 24, which was published on Sunday, at a time when the EU is weighing its 11th round of sanctions on Russia which will focus on tackling the issue of "third" countries circumventing existing sanctions. News reports suggest that the names of eight Chinese companies are in an EU draft document ... (full story)

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  • Category: Fundamental Analysis