Beijing lashed out at the European Union after the latter fined AliExpress, the largest Chinese e-commerce platform in the bloc, more than half a billion euros over the uncurbed sale of counterfeit goods on its site.
China's Ministry of Commerce issued a statement on Wednesday, voicing its "strong dissatisfaction and serious concern" over the decision of the European Commission to fine the company 550 million euros (over $627 million) under the Digital Services Act (DSA).
"China firmly opposes the EU's moves to erect digital barriers under the guise of platform regulation and adopt discriminatory measures to restrict and suppress the normal operations of Chinese e-commerce companies in Europe," a spokesperson for the ministry said.
More from WWD
Chanel Expands Les Extraits Line With Limited Distribution
Inside Nike's Big China Reset + Why ******* ysts Are Mixed
#commerce #ministry #euros #beijing
China's Ministry of Commerce issued a statement on Wednesday, voicing its "strong dissatisfaction and serious concern" over the decision of the European Commission to fine the company 550 million euros (over $627 million) under the Digital Services Act (DSA).
"China firmly opposes the EU's moves to erect digital barriers under the guise of platform regulation and adopt discriminatory measures to restrict and suppress the normal operations of Chinese e-commerce companies in Europe," a spokesperson for the ministry said.
More from WWD
Chanel Expands Les Extraits Line With Limited Distribution
Inside Nike's Big China Reset + Why ******* ysts Are Mixed
#commerce #ministry #euros #beijing
5 days ago