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 12:19:21 source:Global Genesis 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
  • What a blast to work at NASA. Space agency is sky
  • Decoding Peking Opera Headwear
  • Dulcimer Duo Promote Charm of Yangqin via Short Videos
  • University Graduate Develops Cooperative, Helps Farmers Attain Wealth
  • Socialite Jasmine Hartin enjoys beach snuggle with electrician hunk
  • Diversity Is Beauty and Strength
  • Promoting Family Education, Raising Happy Children
  • Dessert Brand Reveals Sweet Tastes from Hutong
Recommended content
  • Independent UN experts urge Yemen’s Houthis to free detained Baha'i followers
  • Journey to Record Chinese Sounds
  • Family Dedicated to Writing 'Green Legend' on Saihanba
  • Chinese Woman Takes Peru's 'Alpacas' to International Import Expo
  • Rangers are undefeated at .500 to keep World Series champs from a losing record with Bochy
  • Leading a Village's Transformation