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 08:53:28 source:Global Gaze 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
  • Huairou set for Beijing film festival
  • Caring for Rural Women Teachers, Promoting Career Development
  • Highlights of Xi
  • Exhibition Held to Promote Family Education, Family Tradition
  • China's archaeological site parks register strong revenue growth
  • Xi to Address 5th CIIE Opening Ceremony via Video, Speech to Be Broadcast Live
  • Xi Stresses Implementing Guiding Principles of Key Party Congress in Armed Forces
  • Xi Urges Efforts to Carry Forward Great Founding Spirit of CPC and Yan'an Spirit
Recommended content
  • At least 40  people die in Kenya after dam collapses
  • Xi Congratulates International Bamboo and Rattan Organization on 25th Anniversary
  • Xi Congratulates Russia
  • Xi Arrives in Indonesia's Bali for G20 Summit
  • Supreme Court rejects Musk appeal over Tesla tweets
  • Departments, Organizations Care for Children