Sanctions on Russia-related trade unwarranted, high- and heavy-handed: China Daily editorial
China DailyIt is only natural that those countries whose targeted entities have been conducting normal business with Russia according to international law should vent their spleen at the US' long-arm jurisdiction, as it impedes normal international economic and trade exchanges, and harms the stability of the global industry and supply chains. The move bars the sanctioned entities that are mainly supplying machine tools and components to Russian companies from trading with US companies without gaining a special license that is practically unobtainable. The Chinese Commerce Ministry is fully justified in expressing Beijing's anger and opposition to the US move, as it is an unwarranted unilateral action that undermines the international trade order and undercuts international efforts to resolve the Ukraine crisis in peace. At the same time, it has increasingly found fault with other countries for maintaining normal trade ties with Russia and used this as the justification for casting its net and wielding its sanctions baton against numerous foreign companies and individuals that have normal business ties with Russia.