China Responds to EU Sanctions with Export Restrictions on Defense and Tech Firms
China has announced export restrictions on 14 European defense and technology companies in response to the European Union's recent sanctions against Chinese businesses. The EU's sanctions, aimed at penalizing Russia, included 14 Chinese and Hong Kong entities believed to be supplying dual-use goods to Russia. In retaliation, China's Ministry of Commerce has barred the export of dual-use items to the affected European firms, which include Germany's Rheinmetall and Czech truckmaker Tatra. This move represents China's most direct response to EU sanctions, highlighting the escalating trade tensions between the two economic powers.