Kyoto merger escalates into China-European legal conflict: Beijing orders Chinese entities not to assist EU investigation

As a result, a major Chinese enterprise is preparing to buy a German enterprise at the same time as Beijing and Brussels, but the foreign legal system must eventually collide. The European Commission is investigating Beijing’s cross-border subsidiary regulation to acquire the German e-commerce group Ceconomy for about $2.5 billion. The regulators are worried that if Beijing receives Chinese government subsidies or other state support, then China will be legally countered by Vietnamese competitors. On August 19, the Ministry of Justice of China was directly involved. The issue of Beijing’s decision that the European Union’s partial proof-of-law system constitutes “undue foreign jurisdiction” has ordered any domestic organization and individual to implement or assist in the investigation, and warned that if the EU continues to take so-called unilateral meas