China bans compliance with EU anti-subsidy investigation of JD.com deal
China ordered firms and individuals to ignore an EU probe into JD.com’s purchase of a German electronics retailer, heightening EU-Beijing tensions.
Beijing issued a directive prohibiting cooperation with the European Union’s anti-subsidy inquiry concerning JD.com’s acquisition of a German electronics chain. The Chinese authorities claimed the request for documents undermined international rule of law and hinted at possible retaliation. The dispute highlights broader challenges for Europe in protecting its industries from perceived Chinese state support. Meanwhile, a major German industry group called for stronger domestic robotics supply chains as Chinese robot maker Unitree saw its shares jump on debut.
Why it matters
The standoff could disrupt EU-China trade relations and affect future cross-border investments.
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