China has fired back at the UK’s decision to impose sanctions on five Chinese companies, calling it a “typical act of long-arm jurisdiction” that risks derailing bilateral relations. 🌐⚖️
The Chinese Ministry of Commerce publicly condemned the UK’s June 13 sanctions, which targeted the firms over alleged ties to Russia. Beijing insists the move ignores “positive momentum” in trade relations and violates international law. 📉💼
“The UK disregarded China’s representations and insists on listing Chinese enterprises without UN authorization,” the ministry stated, urging an immediate reversal. China vowed to take “firm measures” to protect its businesses. 🛡️🇨🇳
Analysts say the clash highlights escalating geopolitical tensions, with young professionals and investors watching closely as trade disputes flare. 🤔💡 How will this impact global markets? Stay tuned for updates. ✨
Reference(s):
cgtn.com