Tensions between China and the European Union have sharply escalated after the EU, for the first time, sanctioned Chinese banks and companies for allegedly aiding Russia's war effort in Ukraine.
Beijing has condemned the move as unlawful and promised to retaliate, warning that the sanctions threaten economic ties and the legitimate interests of Chinese enterprises. The dispute comes ahead of a high-stakes EU-China summit, with both sides trading stern warnings and diplomatic protests. China maintains it cannot accept a Russian defeat in Ukraine, raising concerns in Europe about Beijing's true stance on the conflict.
The situation highlights growing friction between China and the West over the Ukraine war and global economic relations.
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