Chinese business group 'shocked, dissatisfied' over EU raids on Chinese company

sport2024-05-21 16:13:4846757

The China Chamber of Commerce to the European Union (CCCEU) said on Tuesday that it is "extremely shocked and dissatisfied" after the EU conducted raids on a Chinese company's offices in Poland and the Netherlands.

The raids, which occurred without prior notice on Tuesday morning, aimed to investigate potential industry subsidies.

"They seized the company's information technology equipment and employees' mobile phones, scrutinized office documents, and demanded access to pertinent data," as revealed by the CCCEU.

The Brussels-based business group criticized the EU for the "unjustifiable, unannounced raids," pointing out the lack of prior notice and solid evidence to justify such actions. It stressed that "suspicions regarding subsidies can be followed by reasonable means of investigation."

The CCCEU said that the EU's actions send a detrimental message not only to Chinese enterprises but to all non-EU companies operating in the bloc.

The business group also condemned the EU's intention to weaponize the Foreign Subsidies Regulation (FSR) as a tool to suppress lawfully operating Chinese firms in Europe.

The group has called on the European authorities to stop abusing FSR tools, effectively protect the legitimate rights and interests of foreign enterprises, and ensure "a genuinely fair and non-discriminatory business environment for all the non-EU enterprises."

Address of this article:http://sainthelena.ekjotinstitute.com/news-01c499586.html

Popular

Ohio judge to rule Monday on whether the state’s abortion ban stands

Biden will meet with his national security team as fears rise of an Iranian strike against Israel

Two Sessions Explainer: Highlights of 2024 Chinese government work report

Man City earns big win over Luton despite rotating squad. Newcastle routs Tottenham at home again

Messi in and Dybala out in Argentina squad for pre

Senior CPC official stresses Fengqiao model for governance

70 years on, success story of people's congresses continues in China

China's top legislature concludes standing committee session

LINKS