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 14:22:33 source:Global Grid 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
  • Saudi Arabia is going to sponsor the WTA women's tennis rankings under a new partnership
  • Hayao Miyazaki's animated fantasy further leads Chinese box office
  • Hayao Miyazaki's animated fantasy stays atop Chinese box office
  • Wang urges UK to take ties back on track
  • Amtrak train hits pickup truck in upstate New York, 3 dead including child
  • Beijing, Paris eye fruitful cooperation
  • New UK sanctions targeting Chinese companies over Ukraine crisis are unilateralism:embassy
  • Xi Calls for Solid Efforts to Further Development of Central Region
Recommended content
  • Georgia Republicans choose Amy Kremer, organizer of pro
  • Xi stresses enhancing guarantee ability of land element for high
  • Experts hail China
  • New hypersonic wind tunnel 'most advanced in world'
  • Celebrity birthdays for the week of May 26
  • China slams false claim over 'ecological destruction' in South China Sea