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

opinions2024-05-21 20:30:0126

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://suriname.olivelawfirm.net/content-89b299620.html

Popular

Messi in and Dybala out in Argentina squad for pre

NZ report card 2023: near the top of the class in some areas, bottom in others

New law to give police, courts greater powers in gang crackdown

Mining for local fertiliser better than buying 'blood phosphate'

Rangers are undefeated at .500 to keep World Series champs from a losing record with Bochy

Prince Harry settles phone

Sinead O'Connor died of natural causes, London coroner says

Politicians arrive at Rātana celebrations in wake of national hui

LINKS