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China Criticizes EU Over Extraterritorial Reach in JD.com Probe

Bloomberg Technology Wednesday 19 August 2026, 12:39 UTC By Foster Wong 1 min read
Key Points

China criticized the European Union’s use of its Foreign Subsidies Regulation to probe JD.com Inc.’s planned €2.2 billion takeover of German electronics retailer Ceconomy, calling it an “improper extraterritorial jurisdiction” and prohibiting compliance with the measures.

China criticized the European Union’s use of its Foreign Subsidies Regulation to probe JD.com Inc.’s planned €2.2 billion takeover of German electronics retailer Ceconomy, calling it an “improper extraterritorial jurisdiction” and prohibiting compliance with the measures.
China (LOCATION) the European Union’s (ORG) JD.com Inc.’s (ORG) German (ORG) Ceconomy (ORG)
Originally published by Bloomberg Technology Read original →

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