Beijing cites national security concerns over requests to local lenders, vows countermeasures

20260820 Ceconomy

The Chinese government is raising the stakes in a dispute over JD.com’s takeover bid for Germany’s Ceconomy. (Nikkei montage/Source photos by Reuters and Getty Images)

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HONG KONG — China’s commerce ministry warned the European Union on Thursday that it reserves the right to retaliate against the EU’s investigation into JD.com’s proposed acquisition of German rival Ceconomy.