French corporate and investment bank, part of Groupe BPCE since 2006
China has placed 10 US companies, including rare‑earth producers MP Materials and USA Rare Earth, on its export control list and has barred Chinese government procurement from 46 US firms. Beijing has said the moves respond to a recent Pentagon blacklist of Chinese companies and has ordered immediate suspension of Chinese-origin dual‑use exports to the named firms.
The EU has widened its trade deficit with China to about €360 billion last year, while discussions on balancing trade and investment continue. Brussels seeks a level playing field and timely results by October, with a bilateral working group monitoring flows amid concerns over exports of Chinese cars, batteries and high-tech goods.