Europe News
European Parliament's report tightens investment conditions in the EU
The European Parliament’s rapporteurs on the proposed Industrial Accelerator Act are closing the EU market to Chinese investment in sectors where Beijing is dominant, going further than what the European Commission suggested.
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Economy
China injects over €45 billion into state banks and insurers
China's finance ministry is leading a combined 360 billion yuan (€46.1bn) capital injection into eight state-owned banks and insurers, a coordinated effort to strengthen balance sheets strained by weak lending, low interest rates and government instructions to prop up the stock market.
Europe News
Euroviews. EU budget sees chance to loosen China’s grip on critical raw materials
The EU says it wants to break its dependence on China for critical raw materials (CRM)—the next MFF (Multiannual Financial Framework) will test whether Brussels is serious about its sovereignty, argues Nora Kürzdörfer at the Munich Security Conference.
Business
France rejects Chinese discrimination claims over fast-fashion law
China has claimed that the new "anti-fast-fashion" law which came into force in France on Tuesday amounts to "discrimination." Responding to these accusations, a source from the Ministry of Foreign Affairs told Euronews that such claims were false.
Europe Today
EU foreign ministers meet as Germany attributes drone attack to Russia
EU foreign ministers are meeting today in Ireland following Berlin's decision yesterday to attribute a drone incident in the country to Russia. Also on the show: EU trade chief Maroš Šefčovič speaks exclusively to Euronews and UN Secretary General Antonio Guterres asks world leaders to end all wars.
China
Hong Kong democracy activist Wong pleads guilty to foreign collusion
Wong, already serving prison time for a separate case, pleaded guilty to a second offence under Beijing’s 2020 National Security law, which could see his sentence extended by a minimum of three years and up to life imprisonment.
Europe News
EU eyes Arctic resources to cut dependence on China
The EU’s growing dependence on the Arctic’s resources is forcing Brussels to view the region through the prism of economic security and supply chain resilience – but the rights and living conditions of indigenous and local communities could suffer.
Kyrgyzstan
Eurasian nations gather in Bishkek to forge new alliances
Heads of 21 global and rising powers gather in Bishkek for the SCO summit as wars strain the global order. China and Russia have previously used the SCO to project their influence and their stand against the West, but the middle powers are now there to seek new economic and political momentum.
