China imposed export controls on 14 EU firms including Rheinmetall, retaliating against the EU's 21st sanctions package. Here's what it means for

China added 14 European Union entities, including Lafert SpA and Rheinmetall AG, to its export control list, effective immediately, as a countermeasure against the bloc's newly…

Ministry of Commerce action follows a new round of EU sanctions on Russia that affected 14 firms from mainland China and Hong Kong.