China removes countermeasures against two EU banks
The commerce ministry announced the removal of restrictions on Urbo Bankas and Mano Bankas today. This move follows the EU lifting sanctions on Chinese firms.
Xurve View
Xurve View
China has officially rescinded retaliatory measures previously imposed on two financial institutions based in the European Union. The decision, announced by the Chinese Ministry of Commerce on Friday, follows a reciprocal move by the European bloc to lift sanctions against two Chinese financial entities.
