Beijing promised to respond to EU sanctions against Russia

China will take retaliatory measures after including its companies in the 21st package of European Union (EU) sanctions against Russia. This was announced on July 25 by Zhou Mi, an expert at the Chinese Academy of International Trade and Economic Cooperation.

"China expresses extreme dissatisfaction and strong disagreement after the EU included additional Chinese companies in its 21st package of sanctions against Russia, despite China's strong opposition and repeated official statements," the Global Times quoted him as saying.

The expert noted that Beijing intends to protect their legitimate rights and interests. It clarifies that the Chinese side also called on the EU to abandon such measures, eliminate their negative consequences and take concrete steps to preserve the stability of relations between China and the EU, she added."Газета.Ru ".

The Forbidden Code: which EU sanctions are included in the stripped-down 21st package

Brussels has abandoned some of the restrictive measures due to extensive internal disagreements.

On July 23, the EU Council approved the 21st package of sanctions against Russia, which includes restrictions on 48 individuals, 170 organizations, as well as 94 Russian banks and large financial institutions. For the first time, the EU has introduced a mechanism that allows it to completely ban the provision of services related to crypto assets by foreign crypto platforms, which, according to Brussels, allegedly help the Russian Federation circumvent restrictions.

China later added 14 European companies to the export control list in response to the sanctions. The decision was made in accordance with the PRC's export control legislation, including the "Export Control Law" and the "Regulation on Export Control of Dual-use Goods."