China rejects ‘improper’ EU probe into retail giant

BEIJING – Beijing said Wednesday the European Union lacks jurisdiction to investigate Chinese e-commerce giant JD.com over its bid for major German electronics retail group Ceconomy, warning against any cooperation with the probe.  The EU announced in May that it had opened an in-depth investigation into JD.com’s bid on suspicion it was boosted by state... The post China rejects ‘improper’ EU probe into retail giant appeared first on New Era .