On October 23, the EU unveiled its 19th round of sanctions against Russia—and for the first time, it targeted key players in China's energy sector. Major refineries and oil traders from the Chinese mainland made the list, sparking a sharp response from Beijing.
China's Ministry of Commerce spokesperson slammed the move as unilateral and lacking any legal basis under international law or UN authorization. The spokesperson warned that the EU's actions violate the spirit of the consensus reached between Chinese and EU leaders and pose a threat to global energy security.
The spokesperson urged Brussels to immediately stop listing Chinese companies and warned that China will take steps to defend the rights of its enterprises and secure its energy supply and economic growth.
With energy markets already navigating volatility, this standoff could send ripples through international trade, tech innovation, and sustainability efforts. For young business minds and travelers alike, the outcome could reshape how we think about cross-border cooperation and energy policy in a complex world.
Join the conversation: How might these sanctions impact global energy prices and trade ties? Share your perspective below.
Reference(s):
China's Ministry of Commerce opposes EU sanctions on Chinese firms
cgtn.com
