The G7 is set to issue a warning to small Chinese banks, urging them to cease aiding Russia in circumventing Western sanctions. China's Foreign Ministry expresses opposition to unilateral sanctions and vows to protect Chinese enterprises' rights and interests.
⚠️ U.S. OFFICIAL: **UNRIVALED POLICY DISTORTIONS COMING OUT OF CHINA GIVING RISE TO UNFAIR COMPETITIVE ADVANTAGE **G7 PLEDGING TO TAKE ACTION AGAINST THOSE RISKS
DRAFT G7 STATEMENT: EXPRESSES CONCERN OVER CHINA'S "PERSISTENT INDUSTRIAL TARGETING AND COMPREHENSIVE NON-MARKET POLICIES AND PRACTICES THAT ARE LEADING TO GLOBAL SPILLOVERS"
#G7's reported plan to warn small Chinese banks over #Russia ties is an action of hegemony. It won't work because these banks don't make many dollar-denominated transactions: Charles Liu, senior fellow at the Taihe Institute #GlobalArena https://t.co/yCDYL0NlGI
⚠️ CHINA FOREIGN MINISTRY, ON G7 PLANNING TO WARN SMALL CHINESE BANKS ABOUT LINKS TO RUSSIA: **CHINA RESOLUTELY OPPOSES ALL UNILATERAL SANCTIONS **CHINA WILL TAKE ALL NECESSARY MEASURES TO FIRMLY SAFEGUARD THE LEGITIMATE RIGHTS AND INTERESTS OF CHINESE ENTERPRISES
CHINA FOREIGN MINISTRY, ON G7 PLANNING TO WARN SMALL CHINESE BANKS ABOUT LINKS TO RUSSIA: CHINA WILL TAKE ALL NECESSARY MEASURES TO FIRMLY SAFEGUARD THE LEGITIMATE RIGHTS AND INTERESTS OF CHINESE ENTERPRISES
CHINA FOREIGN MINISTRY, ON G7 PLANNING TO WARN SMALL CHINESE BANKS ABOUT LINKS TO RUSSIA: CHINA RESOLUTELY OPPOSES ALL UNILATERAL SANCTIONS
Exclusive: G7 plans to warn small Chinese banks over Russia ties, sources say https://t.co/UvaM6oPsvX
G7 plans to warn small Chinese banks over Russia ties, sources say https://t.co/0zi0GTvGmy
#G7 plans to warn small #Chinese #banks over #Russia ties, sources say https://t.co/oFryM1jVxp
Exclusive: G7 plans to warn small Chinese banks to stop assisting Russia in evading Western #sanctions, sources say. #banks #banking #China #Russia #G7 https://t.co/n1emQNkKT4
Exclusive: G7 plans to warn small Chinese banks to stop assisting Russia in evading Western #sanctions, sources say. #banks #banking #G7 https://t.co/n1emQNkKT4
Exclusive: G7 plans to warn small Chinese banks over Russia ties, sources say #banks #banking #G7 https://t.co/n1emQNkKT4
G7 to warn smaller Chinese banks to stop assisting Russia in evading Western sanctions https://t.co/wTVXP119S1