China Lobbies EU on Proposal to Punish Firms Aiding Russia

  • Beijing wants bloc to scrap plan to blacklist eight firms
  • China is facing a growing list of actions from the US, EU
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China is putting pressure on the European Union behind closed doors to scrap proposed trade restrictions on Chinese companies the bloc says are enabling Russia’s war machine in Ukraine, according to people familiar with the matter.

Chinese diplomats have met with their European counterparts in Brussels and Beijing in recent weeks as part of a campaign to persuade officials to drop the blacklist, the people said. The European Commission is considering measures on eight Chinese firms it says are “directly supporting Russia’s military and industrial complex,” according to documents seen by Bloomberg News last month.