China restricts exports to 14 European firms

China has imposed immediate export restrictions on 14 European entities in order to counter the sanctions imposed by the European Union against Russia due to the war in Ukraine. The restrictions include a ban on the supply of dual-use goods such as technological products and items that can be used for both military and civilian purposes. Additionally, China prohibits foreigners from transferring or supplying these goods to the targeted entities, while allowing Chinese exporters to apply for exceptional permits. The European Union is currently examining China's measures and is urging for clarifications. This move is seen as a response to the recent European sanctions package, which targets 51 European and Chinese entities for investing in military and economic support for Russia.

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