Business Brief (Oct. 28): China Opposes U.K. Sanctions on Chinese Firms
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China opposes U.K. sanctions on 11 Chinese firms over Russia ties
China’s Ministry of Commerce said it firmly opposes the U.K.’s decision to sanction 11 Chinese companies on the grounds of their alleged ties to Russia. A ministry spokesperson said the move would have a negative impact on bilateral economic relations, and that the U.K. had proceeded despite China’s representations and the positive momentum in Sino-British trade. The spokesperson urged the U.K. to immediately correct its mistake and withdraw the sanctions to safeguard overall economic and trade cooperation.
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