China Justice Ministry orders entities not to assist EU probe into JD.com's Ceconomy bid

Published Aug 21, 12:00 AM UTC

The People's Republic of China's Justice Ministry has issued an order prohibiting Chinese companies and individuals from cooperating with a European Union investigation into JD.com's proposed $2.5 billion acquisition of German retailer Ceconomy. Beijing denounced the EU probe as an act of 'improper extraterritorial jurisdiction' and warned of retaliation if Brussels continues the investigation. This move escalates tensions between China and the EU over regulatory reach and trade practices, highlighting a growing conflict over cross-border business oversight.