China’s news after new sanctions against Russia

Without directly mentioning Western punitive measures against Russia for occupying Ukraine, Chinese President Xi Jinping reiterated China’s opposition to unilateral sanctions in a speech on Thursday, Agerpres was quoted as saying by Reuters.

ChinaPhoto: Noel Celis / AFP / Profimedia

China has repeatedly criticized Western sanctions, including against Russia, but has been careful not to help Moscow, which could lead to sanctions on Beijing.

In a video conference at the annual Boao Forum for Asia (BFA) conference on Hainan Island in southern China, Xi warned that pressure tactics such as economic “disruption” and disruption of supply chains would not work.

“China wants to propose a global security initiative that upholds an” inseparable policy of security, “he said. He added.

Russia urges Western governments to abide by the 1999 agreement, based on the principle of “inseparable security” that no country can strengthen its own security to the detriment of others. China and Russia are approaching, and China has refused to condemn Russia’s occupation of Ukraine, which Moscow calls a “special operation.”

China has blamed NATO’s expansion in the east for the NATO crisis. Xi said efforts were needed to stabilize global supply chains, but said China’s economy was resilient and its long-term trend had not changed.

Especially in the Shanghai Economic Center, China’s economy is going through a turbulent period due to the impact of its aggressive efforts to stem the spread of Govt-19. Ji did not mention the Govt crisis in China during his speech.

The United States has imposed new sanctions Russia targets Bitcoin, a bank, oligarchs and cryptocurrency company.

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