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Tuesday, April 23, 2024

China objects to US sanctions against Chinese firms linked to Russia

On Monday, the Chinese commerce ministry unequivocally expressed its strong opposition to the imposition of sanctions by the United States on Chinese enterprises for reasons associated with Russia. In a statement posted on its official website, the ministry asserted that China is prepared to take necessary measures to staunchly defend the legitimate rights and interests of its enterprises.

This stance from China comes in response to the announcement made by the Biden administration on Friday, wherein new trade restrictions were declared on 93 entities hailing from various countries, including Russia, China, Turkey, the United Arab Emirates, Kyrgyzstan, India, and South Korea. These restrictions were imposed due to the entities’ alleged support for Russia’s military actions in Ukraine.

Also Read: Macron Discusses Further Aid to Ukraine with EU Leaders on Monday

The implemented measures, occurring just a day before the second anniversary of Russia’s invasion of Ukraine, effectively entail a prohibition on U.S. shipments to the targeted entities. Among these entities, eight are from China, 63 from Russia, 16 from Turkey, and four from the UAE.

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