China opposes US, EU sanctions against Russia; says will carry out normal trade with Moscow
2 years, 9 months ago

China opposes US, EU sanctions against Russia; says will carry out normal trade with Moscow

India Today  

China, a close ally of Russia, said on Monday that it was opposed to illegal unilateral sanctions and will continue to carry out normal trade cooperation with Moscow, as the US, EU and their allies stepped up punitive measures against Russia, including the interbank messaging system SWIFT. READ | 'Historic moment': Ukraine applies for EU membership "China and Russia will continue to carry out normal trade cooperation in the spirit of mutual respect, equality and mutual benefit," Wang said. "We also demand that the US side should not harm the legitimate rights and interests of China and other parties when handling the Ukraine issue and its relations with Russia," Wang said at a press conference when asked whether Chinese companies such as Huawei and Xiaomi would comply with US sanctions on Russia and stop supplies to the country. "China will support Russia financially and through trade as much as any Western sanctions allow,” Capital Economics’ chief Asia economist Mark Williams said.

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History of this topic

Ten EU countries seek wider sanctions on Russian-origin metal - letter
1 week, 1 day ago

Ten EU countries seek wider sanctions on Russian-origin metal - letter

Hindustan Times  

* Ten EU countries seek wider sanctions on Russian-origin metal - letter 10 EU countries propose more sanctions on Russian metals output * US, Britain have sanctions on Russian-origin metal, EU does not * EU metal consumers have found alternative supplies By Pratima Desai and Julia Payne London/Brussels, - Ten European Union countries have proposed further sanctions on Russian trade, …

EU sanctions against Russia over Ukraine war targets its ‘shadow fleet’, China
1 week, 1 day ago

EU sanctions against Russia over Ukraine war targets its ‘shadow fleet’, China

Hindustan Times  

The European Union has adopted a 15th package of sanctions against Russia over its invasion of Ukraine, including tougher measures against Chinese entities and more vessels from Moscow's so-called shadow fleet, the EU Commission said in a statement on Monday. "Namely one individual and two entities facilitating the circumvention of EU sanctions, and four entities supplying sensitive drone components and …

EU slaps sanctions on dozens more Russian officials and targets its shadow oil and gas fleet
1 week, 1 day ago

EU slaps sanctions on dozens more Russian officials and targets its shadow oil and gas fleet

Associated Press  

BRUSSELS — The European Union on Monday imposed fresh sanctions on dozens of officials linked to Russia’s war on Ukraine, including two top North Korean defense officials, a military unit blamed for an attack on a Kyiv children’s hospital and the heads of companies in the energy sector. Russia’s vast shadow fleet of ships that Moscow is exploiting to skirt …

China is studying Russia’s sanctions evasion to prepare for Taiwan conflict
3 weeks, 2 days ago

China is studying Russia’s sanctions evasion to prepare for Taiwan conflict

Live Mint  

China has been supporting Russia’s economy since the start of the Ukraine war by buying its oil while supplying it with everything from microelectronics to washing machines. The Chinese interagency group on Russian sanctions reports to He Lifeng, China’s vice premier overseeing economic and financial affairs. Beijing is “very interested in practically everything: from ways of circumventing them to all …

Beijing-Brussels cooperation needed more than ever before
3 weeks, 4 days ago

Beijing-Brussels cooperation needed more than ever before

China Daily  

Hundreds of vehicles manufactured by Chery line up at a port of Wuhu, Anhui province, on March 10, awaiting export. Introducing her new College of Commissioners on Wednesday, European Commission President Ursula von der Leyen vowed to work harder to close the innovation gap between the European Union, and the United States and China, to realize the landmark Green Deal …

The biggest remaining unsanctioned Russian bank hit with U.S. sanctions, nearly three years into war
1 month ago

The biggest remaining unsanctioned Russian bank hit with U.S. sanctions, nearly three years into war

Associated Press  

WASHINGTON — Russia’s third largest bank, Gazprombank and its six foreign subsidiaries were hit with U.S. sanctions on Thursday — in a move intended to curtail Russia’s ability to evade the thousands of sanctions imposed on the nation since the start of Russia’s invasion of Ukraine in February 2022. Treasury Secretary Janet Yellen said the sanctions targeting Russia’s largest remaining …

NATO's aggression behind pro-peace veneer
Trending News
1 month ago

NATO's aggression behind pro-peace veneer

China Daily  

China has increasingly become a scapegoat for some in the West to cover up their failure to resolve the Ukraine crisis, if not an excuse for them to advance certain parties' geopolitical schemes. NATO and the European Union are ramping up efforts to pressure China to stop its "assistance" to Russia, and help get the Democratic People's Republic of Korea …

NATO's aggression behind pro-peace veneer
Trending News
1 month ago

NATO's aggression behind pro-peace veneer

China Daily  

China has increasingly become a scapegoat for some in the West to cover up their failure to resolve the Ukraine crisis, if not an excuse for them to advance certain parties' geopolitical schemes. NATO and the European Union are ramping up efforts to pressure China to stop its "assistance" to Russia, and help get the Democratic People's Republic of Korea …

Chinese trade with Russia 'directly affecting' EU security, Dutch minister says
1 month ago

Chinese trade with Russia 'directly affecting' EU security, Dutch minister says

Hindustan Times  

Chinese trade with Russia 'directly affecting' EU security, Dutch minister says AMSTERDAM, - The Netherlands' foreign minister, whose ministry oversees export restrictions on top computer chip equipment maker ASML, said on Monday that China-Russia trade was "directly affecting" European security. NATO views China as a "decisive enabler" of Russia in its war against Ukraine, given that Chinese firms are selling …

Not just China, these US allies too could suffer the most by Donald Trump's tariffs
1 month, 1 week ago

Not just China, these US allies too could suffer the most by Donald Trump's tariffs

Hindustan Times  

President-elect Donald Trump has pledged to levy tariffs on imported goods as part of his second-term economic strategy. During his election campaign, Trump promised to employ tariffs to promote American companies, imposing up to 60 percent levies on Chinese goods and up to 20 percent on imports from other nations. Europe would be severely affected if… Speaking to Newsweek Dr. …

EU top diplomat nominee strongly backs Ukraine and underlines China’s links to the war
1 month, 1 week ago

EU top diplomat nominee strongly backs Ukraine and underlines China’s links to the war

Associated Press  

BRUSSELS — The European Union must back Ukraine against Russia for as a long as it takes and persuade the United States that its strategic interests in China are tied up in the outcome of the war, the woman nominated as the bloc’s top diplomat for the next five years said Tuesday. Questions have been raised about whether the 27-nation …

EU puts trade war with China on the cards
1 month, 2 weeks ago

EU puts trade war with China on the cards

China Daily  

By Li Yang | China Daily | Updated: 2024-11-07 07:34 JIN DING/CHINA DAILY At a parliamentary confirmation hearing on Monday, EU trade chief-in-waiting Maros Sefcovic clearly showed his tough stance on the European Union's trade issues with China. Regarding the ongoing negotiations between China and the EU over the "anti-subsidy" tariffs the latter slapped on Chinese-made electric vehicles from Oct …

US sanctions 398 firms in more than a dozen countries, accusing them of helping Russia's war effort
1 month, 3 weeks ago

US sanctions 398 firms in more than a dozen countries, accusing them of helping Russia's war effort

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The U.S. on Wednesday imposed …

Why China's sinking economy could backfire on Vladimir Putin
3 months, 1 week ago

Why China's sinking economy could backfire on Vladimir Putin

ABC  

Skirmishes in the South China Sea and a counterattack in Kursk. On the surface, the alliance between the two strongmen, China's President Xi Jinping and Russia's President Vladimir Putin, remains intact, creating a serious threat to ongoing global stability. Russia's reliance on China as a trading destination increased dramatically after the Ukraine invasion and the sanctions imposed upon Moscow. China, …

China, Russia can look forward to a brighter future
3 months, 3 weeks ago

China, Russia can look forward to a brighter future

China Daily  

LI MIN/CHINA DAILY More than a month has passed since the end of the third plenary session of the 20th Central Committee of the Communist Party of China, but experts across the world are still discussing and analyzing its outcomes and their likely impacts on the world, the global economy and global governance system in particular. The third plenum of …

China, Russia can look forward to a brighter future
3 months, 3 weeks ago

China, Russia can look forward to a brighter future

China Daily  

LI MIN/CHINA DAILY More than a month has passed since the end of the third plenary session of the 20th Central Committee of the Communist Party of China, but experts across the world are still discussing and analyzing its outcomes and their likely impacts on the world, the global economy and global governance system in particular. The third plenum of …

Sanctions on Russia-related trade unwarranted, high- and heavy-handed: China Daily editorial
3 months, 4 weeks ago

Sanctions on Russia-related trade unwarranted, high- and heavy-handed: China Daily editorial

China Daily  

It 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 …

China opposes US sanctions on firms over alleged ties to Russia’s war efforts
3 months, 4 weeks ago

China opposes US sanctions on firms over alleged ties to Russia’s war efforts

Associated Press  

BEIJING — China on Sunday expressed its opposition to the latest U.S. sanctions on Chinese companies over their alleged ties to Russia’s war in Ukraine, saying it will adopt necessary measures to safeguard the rights and interests of the country’s businesses. “China urges the U.S. to immediately stop its wrong practices and will take necessary measures to resolutely safeguard the …

China tells NATO not to create chaos in Asia; rejects label of 'enabler' of Russia's Ukraine war
5 months, 1 week ago

China tells NATO not to create chaos in Asia; rejects label of 'enabler' of Russia's Ukraine war

The Hindu  

China accused NATO on July 11 of seeking security at the expense of others and told the alliance not to bring the same “chaos” to Asia. The statement by a Foreign Ministry spokesperson came a day after NATO labelled China a “decisive enabler” of Russia's war against Ukraine. “NATO hyping up China's responsibility on the Ukraine issue is unreasonable and …

China slams NATO’s ‘provocations, lies, smears’ over its Russia ties
5 months, 1 week ago

China slams NATO’s ‘provocations, lies, smears’ over its Russia ties

Al Jazeera  

NATO accuses China of playing a key role in Russia’s war in Ukraine and expresses concern over its nuclear and space capabilities. China has warned NATO against “provoking confrontation” over its ties with Russia after the Western military alliance accused Beijing of being a “decisive enabler” of Moscow’s war against Ukraine. A spokesperson for Beijing’s mission to the European Union …

China tells NATO not to create chaos in Asia and rejects label of 'enabler' of Russia's Ukraine war
5 months, 1 week ago

China tells NATO not to create chaos in Asia and rejects label of 'enabler' of Russia's Ukraine war

New Indian Express  

BEIJING: China accused NATO on Thursday of seeking security at the expense of others and told the alliance not to bring the same "chaos" to Asia, a reflection of its determination to oppose strengthening ties between NATO members and Asian nations such as Japan, South Korea and the Philippines. The statement by a Foreign Ministry spokesperson came a day after …

China rejects NATO charge of 'decisive enabler' in Ukraine war, tells it not to create 'chaos' in Asia
5 months, 1 week ago

China rejects NATO charge of 'decisive enabler' in Ukraine war, tells it not to create 'chaos' in Asia

India TV News  

Beijing: China on Thursday rejected NATO's charge of being a "decisive enabler" of Russia's Ukraine war and accused the transatlantic alliance of seeking security at the expense of others. Allies of NATO, who are currently in Washington to celebrate the alliance's 75th anniversary, made their sharpest rebuke of China by expressing concerns over its deepening ties with Russia, calling Beijing …

NATO allies call China a ‘decisive enabler’ of Russia’s war in Ukraine
5 months, 1 week ago

NATO allies call China a ‘decisive enabler’ of Russia’s war in Ukraine

Associated Press  

WASHINGTON — In their most serious rebuke against Beijing, NATO allies on Wednesday called China a “decisive enabler” of Russia’s war against Ukraine and expressed concerns over Beijing’s nuclear arsenal and its capabilities in space. In the communiqué, NATO member countries said China has become a war enabler through its “no-limits partnership” with Russia and its large-scale support for Russia’s …

EU should take a step back so it can see that it is barking up wrong tree: China Daily editorial
5 months, 4 weeks ago

EU should take a step back so it can see that it is barking up wrong tree: China Daily editorial

China Daily  

In yet another blow to the China-EU comprehensive strategic partnership, the 27-member bloc imposed sanctions on 19 Chinese companies on Monday, alleging that they have supplied components and equipment to Russia's military industry. A list published in the European Union's Official Journal includes several Chinese companies located in Hong Kong as well as two global satellite giants, which are now …

By toeing Washington's line on China, Tokyo will harm itself
5 months, 4 weeks ago

By toeing Washington's line on China, Tokyo will harm itself

China Daily  

File photo of Japanese Prime Minister Fumio Kishida. The Fumio Kishida government announced sanctions against some foreign entities, including several Chinese companies, for their alleged support to Russia in the Ukraine crisis on Friday. Under the framework of international law, China has the right to carry out normal economic and trade cooperation with all countries, including Russia. China firmly opposes …

By toeing Washington's line on China, Tokyo will harm itself
5 months, 4 weeks ago

By toeing Washington's line on China, Tokyo will harm itself

China Daily  

File photo of Japanese Prime Minister Fumio Kishida. The Fumio Kishida government announced sanctions against some foreign entities, including several Chinese companies, for their alleged support to Russia in the Ukraine crisis on Friday. Under the framework of international law, China has the right to carry out normal economic and trade cooperation with all countries, including Russia. China firmly opposes …

US smear on trade ties with Russia opposed
6 months, 1 week ago

US smear on trade ties with Russia opposed

China Daily  

The Foreign Ministry rejected on Thursday Washington's smear over the normal trade and economic exchanges between China and Russia, as the United States intensified the pressure on Russia over the Ukraine crisis with a new round of sanctions also targeting Chinese companies. At a news briefing on Thursday, ministry spokesman Lin Jian said China and Russia are comprehensive strategic partners …

US smear on trade ties with Russia opposed
6 months, 1 week ago

US smear on trade ties with Russia opposed

China Daily  

By MO JINGXI | China Daily | Updated: 2024-06-14 09:15 The Foreign Ministry rejected on Thursday Washington's smear over the normal trade and economic exchanges between China and Russia, as the United States intensified the pressure on Russia over the Ukraine crisis with a new round of sanctions also targeting Chinese companies. At a news briefing on Thursday, ministry spokesman …

Sanctions show US stubbornly clinging to the reins of its high horse of war: China Daily editorial
6 months, 1 week ago

Sanctions show US stubbornly clinging to the reins of its high horse of war: China Daily editorial

China Daily  

The US Capitol building is shrouded in haze in Washington, DC, the United States, on June 7, 2023. Yet, as if to conceal its inability to help Ukraine win the upper hand on the battlefield, the US announced on Wednesday that it has slapped a new round of sanctions on over 300 individuals and entities that it claims are enabling …

Sanctions show US stubbornly clinging to the reins of its high horse of war: China Daily editorial
6 months, 1 week ago

Sanctions show US stubbornly clinging to the reins of its high horse of war: China Daily editorial

China Daily  

The US Capitol building is shrouded in haze in Washington, DC, the United States, on June 7, 2023. Yet, as if to conceal its inability to help Ukraine win the upper hand on the battlefield, the US announced on Wednesday that it has slapped a new round of sanctions on over 300 individuals and entities that it claims are enabling …

US expands Russia sanctions, targeting entities in China, UAE and Turkey
6 months, 1 week ago

US expands Russia sanctions, targeting entities in China, UAE and Turkey

Al Jazeera  

Washington’s latest sanctions announcement comes as US President Joe Biden attends the G7 summit in Italy. The United States has rolled out new sanctions against more than 300 individuals and firms accused of aiding Russia’s war effort in Ukraine, including entities in China, South Africa, the United Arab Emirates and Turkey. In remarks carried by Russia’s state-run TASS news agency, …

US widens sanctions on Russia to discourage countries such as China from doing business with Moscow
6 months, 1 week ago

US widens sanctions on Russia to discourage countries such as China from doing business with Moscow

Associated Press  

The United States widened its sanctions against Russia Wednesday as G7 leaders prepared to gather in Italy for a summit where the top priorities will be boosting support for Ukraine and grinding down Russia’s war machine. Wednesday’s package targeted Chinese companies which help Russia pursue its war in Ukraine and raised the stakes for foreign financial institutions which work with …

US widens sanctions on Russia to discourage countries such as China from doing business with Moscow
6 months, 1 week ago

US widens sanctions on Russia to discourage countries such as China from doing business with Moscow

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Wednesday's package targeted Chinese companies …

Countermeasures against US sanctions called for: China Daily editorial
7 months ago

Countermeasures against US sanctions called for: China Daily editorial

China Daily  

Photo taken on Oct 28, 2021 shows the White House in Washington, DC, the United States. That explains why China took measures on Tuesday against 12 US companies involved in the US arms sales to Taiwan and their senior executives. Nor any reason why China should snap to attention at the US' command and cut its normal trade ties with …

Russia’s Putin eyes greater support from China for Ukraine war effort
7 months, 1 week ago

Russia’s Putin eyes greater support from China for Ukraine war effort

Al Jazeera  

In a visit also focused on trade, the Russian leader hails the partnership with China that guarantees energy security. Russian President Vladimir Putin is wrapping up his visit to neighbouring China, aiming to win greater support from Beijing for his military operation in Ukraine and expand crucial trade to his country’s increasingly isolated economy. Putin visited the northeastern city of …

What to know about Vladimir Putin’s visit to China
7 months, 1 week ago

What to know about Vladimir Putin’s visit to China

Associated Press  

Russian President Vladimir Putin’s visit to China starting Thursday underlines an increasingly close partnership between the two allies who oppose the U.S.-led democratic order. Putin told China’s official news agency Xinhua before Thursday’s two-day visit that his meetings with Xi are “a dialogue between old friends” and a “fruitful exchange of views on the most topical issues on the bilateral …

In talks with Putin amid Ukraine war, Xi calls Russia-China ties a ‘strong driving force’
7 months, 1 week ago

In talks with Putin amid Ukraine war, Xi calls Russia-China ties a ‘strong driving force’

LA Times  

Russian President Vladimir Putin, left, and Chinese President Xi Jinping appear together before their talks in Beijing on Thursday. “The generational friendship and comprehensive cooperation between China and Russia have formed a strong driving force that allows us to move forward without fear of wind and rain.” Putin’s two-day visit, his first international trip since starting his unprecedented fifth term …

The lopsided reality of the Russia-China relationship
7 months, 1 week ago

The lopsided reality of the Russia-China relationship

Live Mint  

When Russian President Vladimir Putin visits Chinese leader Xi Jinping in Beijing this week, the two leaders will seek to project their customary united front against the U.S.-led global order. “It’s a strategic partnership where both sides need each other but it’s increasingly asymmetrical in China’s favor," said Alexander Gabuev, director of the Carnegie Russia Eurasia Center in Berlin. The …

China fully justified in normal trade with Russia
7 months, 1 week ago

China fully justified in normal trade with Russia

China Daily  

China has been criticized for maintaining normal economic and trade relations with Russia after the international community split over the Russia-Ukraine conflict. Normal economic and trade relations based on people’s survival and development needs are what drive the overall relations between two countries. China and Russia have maintained normal economic and trade cooperation, mainly to improve the livelihoods of the …

EU urges China to use influence on Russia and Iran
7 months, 2 weeks ago

EU urges China to use influence on Russia and Iran

Al Jazeera  

Ursula von der Leyen says EU counts on Xi Jinping to lean on Russia to end war in Ukraine, limit Iran’s missiles and drones. European Commission President Ursula von der Leyen raised the scenario on Monday after talks in Paris with Chinese President Xi Jinping, which also included trade issues. “We count on China to use all its influence on …

New Russia sanctions target weapons development and countries assisting in sanctions evasion
7 months, 3 weeks ago

New Russia sanctions target weapons development and countries assisting in sanctions evasion

Live Mint  

WASHINGTON — The U.S. on Wednesday imposed new sanctions on hundreds of firms and people tied to Russia's weapons development program, more than a dozen Chinese firms accused of helping Russia find workarounds to sanctions and individuals tied to the death of Russian dissident Alexey Navalny. The sanctions imposed by the Treasury and State departments target Russia’s military-industrial base, chemical …

China must stop aiding Russia if it seeks good relations with West, NATO says
7 months, 4 weeks ago

China must stop aiding Russia if it seeks good relations with West, NATO says

Hindustan Times  

China must stop supporting Russia's war in Ukraine if it wants to enjoy good relations with the West, NATO Secretary-General Jens Stoltenberg said on Thursday, warning Beijing in unusually harsh words it cannot have it both ways. REUTERS/Johanna Geron/Pool/File Photo During a visit to Berlin, the chief of the Western military alliance said Beijing's help was vital to Moscow's war …

US, not China, adds fuel to Ukraine crisis
8 months ago

US, not China, adds fuel to Ukraine crisis

China Daily  

This file photo taken on Dec 4, 2019 shows a view of the Capitol Hill in Washington DC, the US. It has been widely reported that during his trip to China from Wednesday to Friday, US Secretary of State Antony Blinken will once again accuse China of "aiding Russia" in the Ukraine crisis. If the State Department's statement is indeed …

Is China growing tired of Russia’s war in Ukraine?
8 months, 1 week ago

Is China growing tired of Russia’s war in Ukraine?

Al Jazeera  

There are signs that Beijing may be getting cold feet about its deepening entanglement. Beijing’s stance of strategic ambiguity – neither condemning Moscow’s invasion nor offering overt military support – is being tested by the war’s mounting costs and implications for China’s global interests. Recent shuttle diplomacy efforts by China’s special envoy Li Hui have raised doubts about whether Beijing …

China trumpets rising car exports to Russia as its envoy holds talks in Ukraine
9 months, 2 weeks ago

China trumpets rising car exports to Russia as its envoy holds talks in Ukraine

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. As a Chinese envoy crisscrossed …

Why has the EU sanctioned Indian, Chinese companies for Russia links?
9 months, 3 weeks ago

Why has the EU sanctioned Indian, Chinese companies for Russia links?

Al Jazeera  

The latest sanctions, coinciding with the anniversary of the Ukraine war, touch New Delhi, Beijing for the first time. A day before the two-year anniversary of Russia’s invasion of Ukraine, the European Union released an exhaustive new list of companies, entities or people in countries including Russia, India, Iran, China and Syria, that it said it was sanctioning over allegations …

Russia outsmarts Western sanctions—and China is paying attention
9 months, 3 weeks ago

Russia outsmarts Western sanctions—and China is paying attention

Hindustan Times  

Nazem Ahmad, an art collector and financier, who owns work by Andy Warhol and Pablo Picasso, has been under American sanctions since 2019. Since the West first retaliated against Russia’s invasion of Ukraine, it is in places such as India, Indonesia and the UAE, which have access to the dollar, that America’s and Europe’s aims are being thwarted. Among third …

US deliberately turns deaf ear to China's call for it to stop prolonging the Ukraine conflict: China Daily editorial
9 months, 4 weeks ago

US deliberately turns deaf ear to China's call for it to stop prolonging the Ukraine conflict: China Daily editorial

China Daily  

A man looks at a crater formed by recent shelling in the course of Russia-Ukraine conflict near a restaurant building in Donetsk, Feb 25, 2024. In partnership with the United Kingdom and European Union, the Joe Biden administration announced more than 600 sanctions and penalties on Russia and its military industry on Friday — the largest round of sanctions since …

EU targets Chinese firms, N. Korea in new Ukraine war sanctions
10 months ago

EU targets Chinese firms, N. Korea in new Ukraine war sanctions

The Hindu  

The EU on Wednesday agreed to ban exports to three mainland Chinese firms and blacklist North Korea's defence minister in new sanctions for the second anniversary of Russia's war on Ukraine, officials said. The fresh round of measures — the 13th since Russian President Vladimir Putin's February 2022 invasion — overall targets some two hundred officials and entities mainly from …

EU looking to sanction Indian and Chinese firms over Russia dealings: Report
10 months, 1 week ago

EU looking to sanction Indian and Chinese firms over Russia dealings: Report

Live Mint  

The European Union has put forward new trade restrictions targeting approximately two dozen companies, including one from India and three from China, accused of backing Russia's war in Ukraine, as per a Bloomberg report. If approved, this move would mark the first instance of the EU imposing sanctions on mainland Chinese companies since Russia's invasion of Ukraine. Crackdown on Third-Country …

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