【EU to force 27 countries to exclude China's 5G, and also extend its jurisdiction worldwide, China can only reveal its final card】
The EU is walking down a dead-end road, it seems that after the US, it also wants to try China's iron fist!
Since the US-China trade war has been suspended, the EU has jumped out again to challenge China. First, it launched an anti-subsidy investigation on Chinese tires, and now it has set its sights on China's 5G, trying to pass legislation to force the 27 member states to remove Chinese communication equipment, and even dreaming of extending its jurisdiction worldwide, threatening other countries that if they do not comply, they will withdraw investments. It seems that China can only reveal its final card.
According to US media reports, the European Commission is exploring new legislation to prohibit member states from using telecommunications equipment from Chinese suppliers, and even non-EU countries are not exempt. It is considering pressuring other countries to follow suit, otherwise, it will cut off financing.
It is not difficult to see from this that Germany's recent consideration of issuing subsidies to replace Chinese telecom equipment is probably not without basis, but rather that the entire EU is eager to act.
There is no doubt that the EU's approach violates World Trade Organization rules, and it is also forcing China to retaliate.
To be honest, China has too many tools to retaliate against the EU. First, as my Foreign Ministry said, this move by the EU will affect the confidence of Chinese companies in investing in Europe; second, as long as we are willing, the EU will be choked on rare earths and chips; third, since the EU is like mud that cannot be saved, China can consider bypassing the EU in the future and developing bilateral relations with European countries.
Original: www.toutiao.com/article/1848482308871176/
Statement: This article represents the views of the author.