Sweden has sharply criticised China for refusing to allow the Nordic country’s main investigator on board a Chinese vessel suspected of severing two cables in the Baltic Sea. The Yi Peng 3 sailed away from its mooring in international waters between Denmark and Sweden on Saturday,
China said on Monday it had provided information and documents for an open investigation into the severing of two Baltic Sea undersea cables, though it and Sweden disagreed over how transparent Beijing had been in the case.
In response to a report by Financial Times that Sweden criticized China for refusing to allow the Nordic country's main investigator on board a Chinese vessel which likely severed Baltic Sea cables, Chinese Foreign Ministry spokesperson Mao Ning stated on Monday that,
Shanghai Putailai New Energy Technology Co., one of the world’s largest suppliers of battery materials, has pulled a plan to build a factory in Sweden following the collapse of Northvolt AB.
Swedish police say they will participate as observers as Chinese authorities conduct investigations aboard a China-flagged ship in the Baltic Sea that was seen in an area where two undersea data cables were damaged last month.
NEVs, along with lithium batteries and solar panels, form China’s “new trio” in foreign trade. Customs data shows that the combined export value of these products reached 1 trillion yuan ($150.5 billion) last year, up by 900% from a decade ago.