BEIJING, February 26 (TMTPOST)—China's Commerce Ministry (MOFCOM) on Monday expressed firm opposition to the US' imposing sanctions on eight Chinese companies for alleged involvement with Russia, vowing "necessary measures" to safeguard the legitimate r
The US sanctioned Chinese and Russian entities for helping North Korea cash in on its billion-dollar smuggling schemesRosie Perper
The new sanctions also targeted Chinese, Serbian, Irish, Finnish, Kyrgyz, and German entities and individuals who helped Russia evade international sanctions. OFAC designated six Chinese entities for supplying electronics to Russia, a Lichtenstein-based entity and its German...
WASHINGTON (AP) — The U.S. on Wednesday imposed sanctions on 398 firms across Russia, India, China and more than a dozen other nations, accusing them of providing products and services that enable Russia’s war effort ...
"no-one in china is ready to fall under secondary sanctions and lose the global market just because of russia," the payments markets source said. "neither manufacturing companies, nor financial structures, including banks." the second banking source said non-sanctioned russian...
and its allies were moving to adopt secondary sanctions. He noted that Russia was utterly dependent on China, giving Beijing "enormous leverage" over Moscow's ability to project power, and China faced risks and costs as well, given its combined goods trade with the Europ...
TMTPost -- China takes steps to counter the U.S. sanctions on Chinese firms that are alleged for aid Russia’s war against Ukraine and American entities’ arms sale to China’s Taiwan region. Credit:the Global Times China has decided to impose sanctions on a total of 12 U.S. defense ...
Wednesday’s actions by the U.S. Treasury Department are deemed as one of the most wide-ranging sanctions against Chinese companies so far in U.S. government’s sanctions on Russia. The Biden administration took the step days after U.S. Secretary of State Antonny Blinken visited China and...
While US President Joe Biden reiterated the need for additional sanctions on Russia in a speech in Poland on Tuesday, Deputy Treasury Secretary Wally Adeyemo was a little more specific in a speech he delivered at the Council on Foreign Relations in Washington on the same day. ...
The new sanctions also put European allies, China and Russia on notice that while their inclination may be to ignore the US drive to maintain the UN sanctions on Iran, companies based in their nations would feel the bite for violating them. ...