Hey everyone, big news from the global scene! The Chinese mainland has fired back against the EU's 18th round of sanctions targeting its companies and financial institutions. According to a spokesperson from the Chinese Commerce Ministry, these moves are based on unfounded grounds and lack international legal backing. 😠
Despite repeated objections, the EU has persisted with unilateral actions, impacting trade and economic ties between the two sides. This development is stirring up conversation in the world of global business and politics. 😕
China has always opposed sanctions that stray from international legal standards or lack UN Security Council authorization. The spokesperson urged the EU to immediately cease this wrongful practice, adding that necessary measures will be taken to safeguard the legitimate rights and interests of Chinese companies and financial institutions. ✊
Stay tuned as we follow this evolving story. Fairness and accountability in global trade are more important than ever! 🤙
Reference(s):
China slams EU sanctions on Chinese companies, financial institutions
cgtn.com
