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:2024-04-30 06:05:42 source:Culture Circuit 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
  • After a near
  • Indonesian police arrest 8 suspected militants, part of a banned extremist group with al
  • Maple Leafs, Jets, Oilers and Canucks carry Canada’s Stanley Cup hopes with drought now at 30 years
  • London police apologize after threatening to arrest 'openly Jewish' man near pro
  • Chinese scientists use machine learning for precise Antarctic sea ice prediction
  • Venezuela's opposition backs unknown former diplomat in latest gambit to unseat Maduro
  • Rennes routs Nantes 3
  • Sotutu powers Blues to 46
Recommended content
  • English Premier League takes another step toward introducing a spending cap
  • Duplantis sets a pole vault world record in the opening Diamond League meet of the season
  • Councilwoman chosen as new Fort Wayne mayor, its 1st Black leader, in caucus to replace late mayor
  • Cologne left contemplating Bundesliga relegation after home loss to last
  • Entire mall in Georgia is closed after 'shots are fired inside
  • I was diagnosed with stage 3 colon cancer aged 34 despite being in best shape of my life