Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Chinese business group 'shocked, dissatisfied' over EU raids on Chinese company !

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

Time:2024-05-21 10:56:42 source:Earthly Essence news portal

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."

Related information
  • Investigators return to Long Island home of Gilgo Beach serial killing suspect
  • Xi Urges Guangxi to Write Its Chapter in Chinese Modernization
  • Novel coronavirus has existed worldwide before emerging in China: Oxford University expert
  • Xi Inspects Nanning in South China's Guangxi
  • Travis Kelce downs whiskey shot on slice of bread at Kelce Jam without Taylor Swift
  • Mayor of S.Korean capital Seoul found dead
  • Dutch PM meets with Spanish counterpart in the Netherlands
  • Expert warns return to lockdown conditions a possibility in B.C., Canada
Recommended content
  • The government wants to buy their flood
  • Beijing to welcome 50 giant pandas to new research base
  • Turkey vows to retaliate if EU imposes new sanctions
  • World should act as one when it needs China to play a role in creating economic growth
  • Messi in and Dybala out in Argentina squad for pre
  • Comicomment: Record