Post by : Saif
China has placed 14 European Union entities on its export control list, imposing immediate restrictions on the export of dual-use goods in response to the European Union's latest sanctions package against Russia.
The announcement was made by China's Ministry of Commerce on Friday, one day after the European Union approved its 21st package of sanctions targeting Russia over the ongoing war in Ukraine.
According to the ministry, the move was taken after several Chinese mainland and Hong Kong companies were included in the EU's latest sanctions.
China's latest restrictions prohibit the export of dual-use items to the listed European entities.
Dual-use goods are products, software and technologies that can serve both civilian and military purposes. These include advanced electronic components, industrial equipment, certain rare earth materials and technologies used in sectors such as semiconductor manufacturing, aerospace and drone production.
Chinese authorities also said that foreign organizations and individuals are prohibited from transferring Chinese-origin dual-use items to the listed entities. Exporters may apply for special approval in exceptional circumstances.
Read more: Chinese Export Sales Face Rising Pressure as U.S. Demand Falls
Among the companies added to China's export control list are:
Rheinmetall AG, a German defence and automotive manufacturer.
Vigo Photonics S.A., a Polish electronics and photonics company.
Chinese authorities have not released additional details regarding the remaining entities included in the latest restrictions.
The European Commission said it is reviewing China's decision.
Commission spokesperson Paula Pinho said the EU will consult member states and affected companies while seeking clarification from Chinese authorities regarding the scope and impact of the new export controls.
Officials indicated that discussions with Beijing would continue to better understand the implications of the restrictions.
The latest measures reflect rising economic tensions between China and the European Union amid the ongoing conflict in Ukraine.
While China's export control measures have previously focused mainly on companies from the United States and Japan, European firms have increasingly become targets in recent months.
Earlier this year, Beijing imposed similar restrictions on several European entities over arms sales to Taiwan. The latest action marks another escalation in trade-related disputes linked to international sanctions and geopolitical tensions.
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