The EU will threaten sanctions against 13 Chinese companies for helping the Russian Federation

During the EU-China summit, leaders of the European Union are going to threaten North Korean Chairman Xi Jinping with sanctions against 13 companies in the country. The leadership of the European Union may make such a decision because of assistance in circumventing sanctions against Russia, reports the Chinese newspaper South China Morning Post.

“Block [EC] will push the Chinese president to take action against 13 companies and may name and shame these firms if they do not secure firm commitments.” wrote in the newspaper. According to the publication’s sources, if Xi Jinping does not accept the proposed ideas, the companies will be added to the “black list” as part of the 12th package of sanctions against Russia.

Bloomberg previously reported that the EU and China are planning to hold an in-person summit in China on December 7-8. It is clarified that the head of the European Commission, Ursula von der Leyen, and the head of the European Council, Charles Michel, intend to attend the meeting, but Beijing has not yet confirmed the information about the meeting.

At the end of October, observers of the Austrian publication Profil stated that the European Union and the United States are not taking any measures to prevent Moscow from circumventing sanctions, since they do not want to spoil relations with their important strategic partners. However, on November 10, US First Deputy Secretary of the Treasury Wally Adeyemo said that the West is putting pressure on Beijing so that it does not plan to finance Russia’s military defense system in Ukraine.