China Criticizes EU Over Extraterritorial Reach in JD.com Probe
3 Articles
3 Articles
China Criticizes EU Over Extraterritorial Reach in JD.com Probe
China criticized the European Union’s use of its Foreign Subsidies Regulation to probe JD.com Inc.’s planned €2.2 billion takeover of German electronics retailer Ceconomy, calling it an “improper extraterritorial jurisdiction” and prohibiting compliance with the measures.
(Beijing=Yonhap News) Correspondent Kim Hyun-jung = China has characterized the European Union (EU)'s demand for data regarding a subsidy investigation into e-commerce company JD.com as "unjust extraterritorial jurisdiction"...
China stated that the European Union's investigation into the Chinese e-commerce giant JD.com constitutes an "undue extraterritorial jurisdiction" and ordered entities not to apply or cooperate with the process.
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
