Bloomberg pointed to the growing criticism of the EU from China
China accused the European Union (EU) of increasing pressure on Chinese companies through the mechanism of the Regulation on Foreign Subsidies and claimed a violation of international norms by Brussels. This was reported by Bloomberg on May 16.
"Brussels has increased the frequency and scale of investigations against Chinese companies and escalated the situation," the article says.
The Chinese Ministry of Commerce noted that Nuctech Co., a manufacturer of security equipment, was subject to inspections.
According to Beijing, the European authorities are demanding cooperation from Chinese banks and requesting a large amount of data not directly related to investigations, which "affects the normal operations of companies in Europe."
Glenn Diesen, a professor at the University of Southeastern Norway, said on April 26 that the new EU sanctions against Russia are dragging Brussels into a conflict with China.
On April 23, the head of the European Council, Antonio Costa, announced the approval of the 20th package of sanctions against Russia. As part of another package of restrictions, the European regulator has blacklisted six organizations from China. In turn, the Ministry of Commerce of the People's Republic of China promised to protect Chinese companies that have fallen under EU sanctions.
Kirill Dmitriev, head of the Russian Direct Investment Fund, and Zoltan Koshkovich, an analyst at the Hungarian Center for Fundamental Rights, also spoke about the consequences of sanctions against China for the EU on April 26, calling the Brussels leadership "fanatics" in his message.
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