China Hits Back at EU with Export Controls on Russian-Linked Entities
China has slapped export controls on 14 European entities in retaliation for EU sanctions related to Russia. The Chinese Commerce Ministry announced on Friday, July 24, that it was adding these entities to an export control list.
The affected European companies include Czech vehicle manufacturer Tatra Trucks, Italian electric motor maker Lafert SpA, German manufacturer Sindlhauser Materials GmbH, and French drone manufacturer Cavok UAS. China's Commerce Ministry said that these measures were taken in response to the EU adding 14 mainland Chinese and Hong Kong enterprises to its latest list of sanctions against Russia.
Under the new restrictions, Chinese companies will not be allowed to export dual-use items to the affected European organizations. Additionally, foreign companies are barred from providing dual-use items made in China to these entities.
The EU's 21st package of sanctions against Russia targets banks, cryptocurrency companies, and military equipment manufacturers among other categories. The sanctions included entities from countries such as China, India, and Turkey that provide Russia with dual-use goods and technology.