China Rejects Cooperation with EU Probe into JD.com Deal
China on Wednesday criticized the European Union's investigation into retailer JD.com over its intention to acquire German electronics retail group Ceconomy. Beijing has refused to cooperate with the EU in this matter.
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China on Wednesday criticized an investigation launched by the European Union concerning Chinese retailer JD.com's plan to acquire German electronics retail group Ceconomy.
According to available information, Beijing has taken a negative stance toward the EU's review of the deal and has declined to cooperate with the investigation process.
The transaction, which involves JD.com's plans to acquire the German electronics retail group Ceconomy, has drawn scrutiny from the European Union, prompting the bloc to open its investigation.
No further steps from either China or the EU regarding the dispute have been announced so far.

