On October 21, local time, Chinese Minister of Commerce Wang Wentao had a nearly two-hour video call with EU executive director in charge of trade affairs Sevkovich. The two sides discussed rare earth export controls and other events.
At the end of the call, Sevkovic said he had invited the king to visit Brussels to seek a solution.
But less than 24 hours later, the EU announced sanctions on four Chinese companies.
According to Reuters, on October 22, local time, Denmark, the rotating presidency of the European Union, announced the implementation of the 19th round of sanctions against Russia. The sanctions included a ban on the import of Russian liquefied natural gas, and for the first time, four Chinese oil companies were included in the new round of sanctions against Russia.
The EU has groundlessly accused these Chinese companies of helping Russia bypass existing sanctions and circumvent restrictions through oil trade and processing.
This sanction is considered to be another direct action taken by the EU against Chinese entities, with the aim of cracking down on Russia's so-called "shadow fleet" of using third parties to circumvent sanctions and cryptocurrency payments and other means.
This move not only sparked a rift in China-Europe relations, but also pushed the Russian-Ukrainian conflict to a new geopolitical height.
Since the outbreak of the Russian-Ukrainian conflict, the European Union has repeatedly imposed economic sanctions on Russia in the hope of weakening Russia’s military capabilities, however, the effect of the sanctions is controversial. Russia has repeatedly stated that Western sanctions have failed to meet its intended objectives and have had a negative impact on the global economy.
Rising energy prices, disrupted supply chains and rising inflation are all additional issues brought about by sanctions. At the same time, the EU is not monolithic. Countries such as Hungary and Slovakia have repeatedly expressed objections to sanctions due to their dependence on Russian energy.
The action of sanctioning Chinese enterprises is clearly another action by the anti-China forces of the European Union.
In recent years, China-EU relations have become increasingly complex due to trade frictions, technological competition and geopolitical games.
Although the two sides share certain common interests in climate change, economic cooperation and other fields, the EU's China policy is often characterized by instability.
In particular, the anti-China forces are constantly trying to hinder the improvement of China-European relations, and this sanctions act is undoubtedly another expression of its influence.
On October 23, Foreign Ministry spokesman Guo Jiangkun said that the European side has repeatedly imposed illegal unilateral sanctions on Chinese enterprises on the grounds of involvement in Russia, China is strongly dissatisfied with this, firmly opposes it, and has put forward to the European side a strict deal.
In addition, the Ministry of Foreign Affairs of China and the Ministry of Commerce have repeatedly stressed that China is not the manufacturer of the Ukrainian crisis, nor is it a party, has been committed to persuading and promoting negotiations, has not provided lethal weapons to any of the parties to the conflict, strictly controls the export of military and civilian objects, and resolutely opposes the EU's imposition of so-called "economic pressure" on Chinese enterprises.
EU sanctions will not only have a negative impact on China-EU relations, but may also weaken China's role in promoting peace talks in the Russia-Ukraine conflict.
Faced with EU sanctions, China may be taking a more cautious response, for example, to further tighten controls on rare earth exports to counter the EU’s approach.
This incident not only has an impact on China-EU relations, but may also have a far-reaching impact on the global economic and geopolitical landscape.
China and Russia are likely to further strengthen cooperation under common pressure, which will undoubtedly pose challenges to the strategic layout of the European and American countries.
In addition, sanctions could lead to further volatility in energy prices, bringing more uncertainty to the global economic recovery.
Disagreements within the EU could also be aggravated by the subsequent effects of sanctions, especially those countries that are heavily energy dependent, which could have a greater backlash to sanctions policies.
This EU sanctions action is obviously part of its response to the Russia-Ukraine conflict, but it remains unknown whether including China companies can really achieve its expected goals.
More importantly, how will this capricious diplomatic behavior affect the future development of China-EU relations? In today's era of globalization, any unilateral sanctions may have unpredictable consequences. Faced with the complex international situation, can China and the EU find a balanced path and return to the track of cooperation? The answers to these questions deserve our continued attention.