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The EU wants to sanction 7 Chinese companies, but China has not intervened, and the eurozone manufacturing industry cannot bear it first

author:Chinanet

With the continuous escalation of the "China containment strategy" of the United States, Europe is inevitably affected, and the European Union recently announced that it will sanction 7 Chinese companies, but China has not yet counteracted, and the European manufacturing industry has "can't bear it" first.

According to news reports, a few days ago, the European Union is discussing the coverage of the 11th round of sanctions against Russia, and there are 7 Chinese companies.

It is understood that the reason for the sanctions of these 7 companies is the so-called "support" to Russia. This is the first time that the EU has unilaterally sanctioned China on the grounds of Sino-Russian cooperation.

The EU wants to sanction 7 Chinese companies, but China has not intervened, and the eurozone manufacturing industry cannot bear it first

In this regard, the mainland Ministry of Commerce also made a tough statement, according to China.com, in the regular press conference, Ministry of Commerce spokesperson Shu Juting said that China firmly opposes unfounded unilateral sanctions and "long-arm jurisdiction".

At the same time, China also reminded the EU that mutual trust between China and the EU is not easy to come by, and hopes that the EU can treat this matter cautiously and not set a bad precedent.

The EU's sanctions against Chinese companies are undoubtedly following the steps of the United States to "go all the way to the dark", however, the EU does not seem to realize that doing so will not only damage the mutual trust and cooperation between China and the EU, but also bring serious consequences to itself.

As the Chinese spokesman said, the EU's sanctions are completely groundless, and the initiation of sanctions based on just spurious "support for Russia" is undoubtedly a blatant provocation to the international order and the legitimate rights and interests of Chinese enterprises. In fact, it is not the first time that China has issued such a "warning" to the EU, and it still hopes that the EU can do it well.

Second, the EU's sanctions will affect its own economic interests and market competitiveness. China is the EU's largest trading partner and an important investment target.

The EU wants to sanction 7 Chinese companies, but China has not intervened, and the eurozone manufacturing industry cannot bear it first

If the EU imposes sanctions on Chinese companies, it will damage the opportunities and potential of cooperation between the two sides in many fields, and will also weaken the EU's competitive advantage in the global market.

Interestingly, China has not yet launched counter-sanctions against the EU, and it cannot bear it itself.

According to the Observer Network, according to data released by S&P Global, the manufacturing index in the eurozone has been below the boom and bust line for 11 consecutive months. The May figure was even more bleak, reaching 44.8%, down 1 percentage point from the previous month.

Finally, EU sanctions will further intensify the international situation and regional security. China and Russia are comprehensive strategic cooperation partners, and the two countries have carried out extensive cooperation in various fields.

Such cooperation is based on mutual respect, equality and mutual benefit, and serves the common interests of the two peoples. If the EU uses Sino-Russian cooperation as an excuse to impose sanctions on China, it will undermine the basic norms of international relations and aggravate regional tension and instability.

The EU wants to sanction 7 Chinese companies, but China has not intervened, and the eurozone manufacturing industry cannot bear it first

To sum up, the EU cannot learn well from the United States, and imposing sanctions on 7 Chinese companies is undoubtedly a wrong and stupid decision, which not only fails to achieve the desired goals, but will bring "bad news" to itself.

It is hoped that the EU will have a clear understanding of the situation, respect international law and order, abide by the consensus on China-EU cooperation, stop unreasonable sanctions against Chinese enterprises, and create a good atmosphere and conditions for the healthy and stable development of China-EU relations.