China retaliates against EU sanctions, Chinese enterprises and banks added to the list

China retaliates against the EU!

Regarding the EU's previous sanctions list that included several Chinese enterprises (including two banks), the Chinese Ministry of Commerce announced on August 13 that it would add the two banks, UAB Urbo Bankas and AB Mano Bankas, to the countermeasure list, prohibiting Chinese organizations and individuals from conducting transactions or cooperation with them.

After the outbreak of the Russia-Ukraine conflict, instead of striving to promote a ceasefire, the EU followed the United States in falsely accusing China of "supporting Russia," using this as an excuse to sanction multiple Chinese entities, completely disregarding the overall interests of Sino-European trade and economy. This behavior of following the US and abandoning strategic autonomy is actually self-harming — it not only undermines the foundation of mutual trust between China and the EU but also causes the EU to miss the development opportunities of cooperating with China. China's countermeasures are a necessary response to this wrong behavior.

Original article: www.toutiao.com/article/1840322855784523/

Statement: The article represents the personal views of the author.