EU Considers Sanctions on Chinese and Indian Firms for Russia Ties

The European Union is proposing to blacklist several Chinese and Hong Kong companies for allegedly circumventing EU sanctions on Russia, marking the first time Chinese entities would be officially listed. This move comes as China opposes "unilateral sanctions" over the Ukraine conflict and pledges to deepen relations with Russia. The EU's decision will go before a meeting of ambassadors on Wednesday, and if approved, EU entities would be banned from doing business with the listed companies. China has warned of potential reprisals against European businesses active in China if Chinese firms are blacklisted, and it has yet to comment on the proposal.