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The European Union, as part of the new package of sanctions, intends to impose restrictions on Chinese companies for their assistance to Russia, according to Bloomberg. “The European Union has proposed new trade restrictions on about two dozen firms, including three based in China, accused of supporting Russia’s war efforts in Ukraine,” the material writes. It is noted that if adopted, this would be the first instance of the EU imposing restrictions on Chinese companies since Russia’s invasion of Ukraine. According to the draft proposal reviewed by Bloomberg, companies from Hong Kong, Serbia, …

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