on Monday 26 February, 2024
China opposes US sanctions against Chinese companies for Russia-related reasons
China firmly opposes the United States imposing sanctions on Chinese enterprises for Russia-related reasons, the Chinese commerce ministry said on February 26, 2024. (File photo)
China firmly opposes the United States imposing sanctions on Chinese enterprises for Russia-related reasons, the Chinese commerce ministry said on Monday.
China will take necessary measures to firmly safeguard the legitimate rights and interests of Chinese enterprises, the ministry said in a statement on its website.
The Biden administration on Friday announced new trade restrictions on 93 entities from Russia, China, Turkey, the United Arab Emirates, Kyrgyzstan, India and South Korea for supporting Russia’s war effort in Ukraine.
The action, one day before the second anniversary of Russia’s invasion of Ukraine, essentially bans US shipments to the targeted entities, including eight from China, 63 from Russia and 16 from Turkey.
Most read
Hamas Says It Is Ready to Negotiate Truce Proposal
'The situation in Yemen is the same as in Tehran’: Israel's Defense Minister confirms IDF strikes on Houthis
At least 13 dead, 20 missing in Texas flash flood
Death toll in Pakistan building collapse rises to 21
Israel to send delegation to Qatar for Gaza ceasefire talks: Report