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AtrásChina Imposes Export Controls on EU Entities in Retaliation for Russia Sanctions
China Imposes Export Controls on EU Entities in Retaliation for Russia Sanctions
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SCMP Economyhace 2 horasPolítica1 min de lecturaChina

China Imposes Export Controls on EU Entities in Retaliation for Russia Sanctions

En resumen

  • China's Ministry of Commerce has added 14 entities from the European Union, including German defence giant Rheinmetall, to its export control list.
  • This measure, effective immediately, prohibits the export of dual-use items and is a direct response to recent EU sanctions against Chinese and Hong Kong firms over Russia.

Resumen generado por IA

Por qué importa

China's Ministry of Commerce announced export controls on 14 EU entities, including German defence firm Rheinmetall, in direct response to the EU's 21st round of sanctions against Russia. These EU sanctions targeted 14 companies from mainland China and Hong Kong for their alleged involvement in supporting Russia.

Tamaño de fuente

China has added 14 entities from the European Union to its export control list, including German defence giant Rheinmetall, the Ministry of Commerce announced on Friday.

Effective immediately, the order means that the export of dual-use items – products with civilian and military applications, including some rare earth elements – from China to the named entities is prohibited, as is the shipment of dual-use items of Chinese origin to the listed companies and institutions.

The move came after another round of sanctions from Brussels against Russia, announced on Thursday, which targeted 14 companies from mainland China and Hong Kong.

In a statement, the commerce ministry explicitly cited these sanctions as motivation for its new export restrictions, calling the bloc’s actions “egregious”.

The EU barred the export of dual-use goods and technologies to 51 entities in its 21st round of sanctions against Russia, with firms from mainland China, Hong Kong, India, Turkey and the United Arab Emirates added to Brussels’ list.

Preguntas abiertas

  • What specific dual-use items are most affected?
  • Which other EU entities are on China's list?
  • What will be the economic impact on Rheinmetall?

Temas relacionados

This article was originally published by SCMP Economy.

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