Hey news lovers! On October 23, the EU rolled out its 19th round of sanctions against Russia — and for the first time, it placed major refineries and oil traders in the Chinese mainland on the blacklist 🚫⛽️
China's Ministry of Commerce was quick to fire off a statement, saying it "strongly opposes" these measures. The spokesperson emphasized that unilateral sanctions lacking a basis in international law and authorization from the United Nations are unacceptable.
These sanctions go beyond a simple diplomatic spat. They threaten the China-EU economic and trade cooperation framework and risk jolting global energy security, potentially driving up prices around the world 🌍💸
The Ministry urged the EU to immediately drop companies from the Chinese mainland from its list and warned: "China will take necessary measures to protect the legitimate rights and interests of its enterprises, as well as its energy security and economic development." 🔒🏗️
Stay tuned to see how this story unfolds — the clash over sanctions might reshape the way two of the world's largest economies collaborate 🤝📈
Reference(s):
China's Ministry of Commerce opposes EU sanctions on Chinese firms
cgtn.com
