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 15:13:48 source:International Insights 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
  • The government wants to buy their flood
  • Japan's move to discharge wastewater 'irresponsible'
  • Comicomment: NATO at 75, what's next?
  • Ukraine to get Dutch, Danish F
  • Russian theater director and playwright go on trial over a play authorities say justifies terrorism
  • 4 dead in Ecuador traffic accident
  • Xi Replies to Letter from Representatives of Kenyan Students, Alumni at Beijing Jiaotong University
  • Ukraine to get Dutch, Danish F
Recommended content
  • Hollywood star Shia LaBeouf is spotted on the streets of Gavin and Stacey's hometown Barry
  • Hezbollah praises Iranian attack on Israel
  • Waiting for the collapse of the 'China collapse' prediction
  • Boat found adrift with over 10 bodies in northern Brazil
  • The fightback begins: Boss of London's Queen Mary University tells pro
  • Insights丨 Literature works bridge for communications between China and Brazil: Brazilian professor