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EU Proposes Curbs on Three Chinese Firms for Aiding Russia
The European Union has proposed new trade restrictions on about two dozen firms, including three based in China, accused of supporting Russia’s war efforts in Ukraine. If adopted, it would be the first time the EU has imposed restrictions on companies in mainland China since Russia invaded Ukraine. The list also includes companies in Hong Kong, Serbia, India and Turkey, according to a draft of the proposal seen by Bloomberg. The restrictions would ban European firms from trading with the listed firms as part of the bloc’s efforts to crack down on Russia’s ability to get its hands on sanctioned goods through ... (full story)