According to the newspaper’s sources, the sanctions are intended to force Beijing to stop supplying technology to Russian military industrial companies and will be imposed if China ignores diplomatic pressure from Washington.
According to the newspaper’s sources, China’s support allowed Russia to rebuild its military-industrial potential, as Beijing became Moscow’s main supplier of electronic components, aircraft parts and other goods used in the military industry.
In addition, a number of Chinese banks acted as intermediaries in export transactions with Russia, processing payments and financing corporate trade.
The newspaper noted that the planned US restrictions on China’s banking sector could have far more significant consequences than other types of sanctions that could be imposed on Beijing. For China, which is facing a crippling debt problem, such restrictions could be particularly painful.
Binken will speak in the PRC about its relations with Russia1 min
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