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

health2024-05-21 10:37:359

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."

Address of this article:http://congorepublicofthe.popular-vines.com/article-90a399608.html

Popular

Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise

Hilarious moment dog owner plunges into a river after being dragged in during a game of catch

Jeremy Allen White shares a FIRST LOOK of The Bear's third season

Cavaliers' Jarrett Allen out for Game 2 against Celtics with bruised ribs

Mystery artist who erected signs comparing pothole

Marcus Armstrong pays tribute to cancer patients with special paint job for Indy Grand Prix

How major US stock indexes fared Thursday, 5/9/2024

Leverkusen rallies late in draw with Roma to preserve unbeaten record and reach Europa League final

LINKS