China has cautioned the European Union against imposing new sanctions on its companies for allegedly supporting Russia's war effort in Ukraine. Beijing stated it would take necessary measures to protect its legitimate rights and interests.
The warning signals potential diplomatic and economic friction between China and the EU, impacting global trade and efforts to isolate Russia over its invasion of Ukraine. It highlights China's stance on sanctions and its willingness to defend its economic interests.
China has issued a stern warning to the European Union against imposing new sanctions on its companies, citing alleged support for Russia's war in Ukraine. Beijing's foreign ministry spokesman, Lin Jian, stated on Wednesday that China "has always firmly opposed illegal unilateral sanctions that lack basis in international law" and has lodged serious representations with the EU.
Lin warned that China will "closely follow" developments and "take necessary measures to resolutely safeguard its legitimate rights and interests." The EU's latest proposed measures aim to complicate commercial activities by companies in third countries that allegedly support the Russian military, with 14 firms from mainland China and Hong Kong reportedly on the list.
EU foreign policy chief Kaja Kallas announced the proposed package, noting it was the largest in over two years and notably targeted the financial sector, energy, and drone production. China presents itself as a neutral party in the Ukraine conflict, asserting it is not sending lethal assistance to either side. The proposed sanctions require unanimous approval from all 27 EU member states to take effect.