US EditionFor the First Time, the Eu Imposed Sanctions Against Chinese Banks for Supporting Russia
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5 Articles
Two institutions from cities located on the China-Russia border have been blacklisted under the 18th EU sanctions package.
China actively tried to prevent its banks from being included in the sanctions package
The European Union has included Chinese banks in the 18th package of sanctions against Russia for the first time. Among other foreign companies that helped the Kremlin, two financial institutions from China were included in the "black list". This was reported by RBC-Ukraine with reference to the Chinese publication South China Morning Post. The publication's own sources among diplomats confirmed that two Chinese regional banks were subject to sa…
In Beijing, they stated that regular exchanges and cooperation between Chinese and Russian companies should not be disrupted.
Beijing promises to "surely protect" the rights of Chinese companies
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