Story perspectives

EU probes JD.com Ceconomy deal, proposes supplier rule, Germany balks

5/28/2026

Summary

Story summary

The European Commission will investigate JD.com’s $2.5 billion purchase of Ceconomy for alleged state subsidies.
Trade commissioner Maros Sefcovic will propose a rule that key-sector firms must have three suppliers in two countries.
Most of the 27 Commission members, including President Ursula von der Leyen, will vote on a tougher China policy at Friday’s debate.
Germany declined to sign the draft, warning anti-Chinese steps must not hinder its exports.

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Story summary

The European Commission will investigate JD.com’s $2.5 billion purchase of Ceconomy for alleged state subsidies.
Trade commissioner Maros Sefcovic will propose a rule that key-sector firms must have three suppliers in two countries.
Most of the 27 Commission members, including President Ursula von der Leyen, will vote on a tougher China policy at Friday’s debate.
Germany declined to sign the draft, warning anti-Chinese steps must not hinder its exports.