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China lodges complaint with EU over Russia-related sanctions on its firms
China lodges complaint with EU over Russia-related sanctions on its firms

Reuters

time22-05-2025

  • Business
  • Reuters

China lodges complaint with EU over Russia-related sanctions on its firms

BEIJING, May 22 (Reuters) - The Chinese Mission to the EU said on Thursday that it had lodged solemn representation with the EU over its Russia-related sanctions on Chinese firms. China is "strongly dissatisfied and firmly opposed" the EU move, a spokesperson for the mission was quoted as saying in a statement published on its website, urging the bloc to stop applying "double standards" on economic and trade cooperation with Russia. China will take necessary measures to safeguard its legitimate rights and interest, the spokesperson added.

Europe's clash with China on EVs not ‘existential', former EU official says
Europe's clash with China on EVs not ‘existential', former EU official says

South China Morning Post

time22-05-2025

  • Business
  • South China Morning Post

Europe's clash with China on EVs not ‘existential', former EU official says

The current frictions between China and the European Union over electric vehicles are not 'existential', with both sides looking to work more closely together on trade and the green transition to counteract the disruption unleashed by US President Donald Trump, a former EU trade negotiator said. 'The Trump factor makes both Europe and China more keen now to see where they can cooperate,' John Clarke, former head of the EU Delegation to the World Trade Organization and the United Nations in Geneva, told the Post. Clarke pointed to a range of sectors with real potential for collaboration, including energy, space, pandemic preparedness and, above all, the green transition. 'We need Chinese environmental technology and goods – whether it's vehicles, drones, photovoltaic panels, or wind turbines,' he said, citing the EU's aim to achieve net-zero greenhouse gas emissions by 2050. 'China is part of the solution to a more affordable transition.' His comments come at a critical juncture in China-EU relations, with the two sides eyeing a reset in their relationship as they seek to navigate the uncertainties of a second Trump presidency.

China, Netherlands to bolster wider China-EU ties
China, Netherlands to bolster wider China-EU ties

Free Malaysia Today

time22-05-2025

  • Business
  • Free Malaysia Today

China, Netherlands to bolster wider China-EU ties

Chinese foreign minister Wang Yi said they are ready to support ties with the bloc and global economic recovery. (AP pool pic) BEIJING : China and the Netherlands pledged on Thursday to deepen cooperation and communication amid 'global challenges', by bolstering wider China-EU ties to tackle areas such as climate change and the green transition, a pool report said. Tension between the two has cooled in recent months after the Netherlands said in January it would widen export controls on semiconductors from April 1, following pressure from the United States to curb shipments to China. During a meeting in Beijing, foreign minister Wang Yi told his Dutch counterpart Caspar Veldkamp that China was willing to help contribute to China-EU relations and the recovery of the world economy. 'China is willing to enhance communication and dialogue with the Netherlands, and deepen practical cooperation,' Wang told Veldkamp, according to the pool report. Veldkamp said the EU and the Netherlands 'want to work with China on the global challenges we're facing together'. He added, 'I hope we can use this visit specifically also to explore deeper cooperation on such matters as climate and green transition, upholding the multilateral system and women's rights.' Dutch Prime Minister Dick Schoof also looks forward to a possible visit to China later this year, Veldkamp said. The pool report did not make any mention of semiconductors. Beijing has repeatedly criticised Washington's strategy of pressuring allies such as the Netherlands and Japan to join export controls targeting Chinese access to cutting-edge chips and chipmaking equipment. China, the world's second largest economy, has said it opposed semiconductor curbs, part of a trend of some countries 'expanding the concept of national security and abusing export controls'. The move seriously threatened the stability of global semiconductor supply chains, the state-backed Global Times newspaper said in January. Dutch national export licence requirements for semiconductor equipment were first introduced in 2023 under pressure from the US to limit shipments to China, and they have been expanded several times. Dutch chip equipment company ASML, which ships lithography machines to China, has said the export measures would not affect its business outlook.

China, Netherlands pledge deeper cooperation to tackle global challenges
China, Netherlands pledge deeper cooperation to tackle global challenges

Yahoo

time22-05-2025

  • Business
  • Yahoo

China, Netherlands pledge deeper cooperation to tackle global challenges

BEIJING (Reuters) -China and the Netherlands pledged on Thursday to deepen cooperation and communication amid "global challenges", by bolstering wider China-EU ties to tackle areas such as climate change and the green transition, a pool report said. Tension between the two has cooled in recent months after the Netherlands said in January it would widen export controls on semiconductors from April 1, following pressure from the United States to curb shipments to China. During a meeting in Beijing, Foreign Minister Wang Yi told Dutch counterpart Caspar Veldkamp that China was willing to help contribute to China-EU relations and the recovery of the world economy. "China is willing to enhance communication and dialogue with the Netherlands, and deepen practical cooperation," Wang told Veldkamp, according to the pool report. Veldkamp said the European Union and the Netherlands "want to work with China on the global challenges we're facing together". He added, "I hope we can use this visit specifically also to explore deeper cooperation on such matters as climate and green transition, upholding the multilateral system and women's rights." Dutch Prime Minister Dick Schoof also looks forward to a possible visit to China later this year, Veldkamp said. The pool report did not make any mention of semiconductors. Beijing has repeatedly criticised Washington's strategy of pressuring allies such as the Netherlands and Japan to join export controls targeting Chinese access to cutting-edge chips and chipmaking equipment. China, the world's second largest economy, has said it opposed semiconductor curbs, part of a trend of some countries "expanding the concept of national security and abusing export controls". The move seriously threatened the stability of global semiconductor supply chains, the state-backed Global Times newspaper said in January. Dutch national export licence requirements for semiconductor equipment were first introduced in 2023 under pressure from the United States to limit shipments to China, and they have been expanded several times. Dutch chip equipment company, which ships lithography machines to China, has said the export measures would not affect its business outlook.

China, Netherlands pledge deeper cooperation to tackle global challenges
China, Netherlands pledge deeper cooperation to tackle global challenges

Reuters

time22-05-2025

  • Business
  • Reuters

China, Netherlands pledge deeper cooperation to tackle global challenges

BEIJING, May 22 (Reuters) - China and the Netherlands pledged on Thursday to deepen cooperation and communication amid "global challenges", by bolstering wider China-EU ties to tackle areas such as climate change and the green transition, a pool report said. Tension between the two has cooled in recent months after the Netherlands said in January it would widen export controls on semiconductors from April 1, following pressure from the United States to curb shipments to China. During a meeting in Beijing, Foreign Minister Wang Yi told Dutch counterpart Caspar Veldkamp that China was willing to help contribute to China-EU relations and the recovery of the world economy. "China is willing to enhance communication and dialogue with the Netherlands, and deepen practical cooperation," Wang told Veldkamp, according to the pool report. Veldkamp said the European Union and the Netherlands "want to work with China on the global challenges we're facing together". He added, "I hope we can use this visit specifically also to explore deeper cooperation on such matters as climate and green transition, upholding the multilateral system and women's rights." Dutch Prime Minister Dick Schoof also looks forward to a possible visit to China later this year, Veldkamp said. The pool report did not make any mention of semiconductors. Beijing has repeatedly criticised Washington's strategy of pressuring allies such as the Netherlands and Japan to join export controls targeting Chinese access to cutting-edge chips and chipmaking equipment. China, the world's second largest economy, has said it opposed semiconductor curbs, part of a trend of some countries "expanding the concept of national security and abusing export controls". The move seriously threatened the stability of global semiconductor supply chains, the state-backed Global Times newspaper said in January. Dutch national export licence requirements for semiconductor equipment were first introduced in 2023 under pressure from the United States to limit shipments to China, and they have been expanded several times. Dutch chip equipment company ( opens new tab, which ships lithography machines to China, has said the export measures would not affect its business outlook.

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