The restrictions have been introduced by the Industrial and Commercial Bank of China (ICBC), the China Construction Bank (CCB), and the Bank of China, the Russian state news outlet Izvestiya said.
This comes shortly after the EU proposed to include similar measures in its 13th sanctions package, making it the first time the European bloc has directly targeted entities in mainland China.
China has offered long-term support to Budapest on security measures, expanding mutual ties beyond economic cooperation, Reuters reported on Feb. 19 after Chinese Public Security Minister Wang Xiaohong's visit to Hungary.
"We agreed on the need to maintain Ukraine-China contacts at all levels and continue our dialogue," Foreign Minister Dmytro Kuleba said.
Major Chinese banks have reportedly strengthened their compliance with Western sanctions after new U.S. restrictions targeting financial institutions that help support Russia's war effort were announced in December 2023.
"The (Chinese) ambassador said that all this (sponsors of war list) could have a negative impact on our relations," an unnamed Ukrainian source told Reuters.
For Argentina's newly-elected president, Javier Milei, ideology is the beating heart of politics. The economist, TV show personality, and self-professed anarcho-capitalist built his campaign on passionate support for a hands-off government and free market principles. His forthright approach also encompasses foreign policy. In the last weeks of 2023, Milei decided
Key developments on April 26: * Zelensky holds phone call with China's Xi Jinping, appoints Ukrainian ambassador to Beijing * CNN: White House 'welcomes' Zelensky-Xi call, expresses caution regarding Chinese peace plan. * Italian correspondent wounded, Ukrainian fixer killed in Kherson Oblast * 44 Ukrainian POWs freed in prisoner exchange President Volodymyr Zelensky held
He also said Crimea was "Russian at the beginning," without specifying what he meant by beginning.
President Volodymyr Zelensky said that he and his French counterpart Emmanuel Macron had an “hour and a half” phone call on April 15, discussing the results of Macron’s recent visit to China and the situation on the front line in Ukraine.
Key developments on April 6: * Russia’s Wagner Group admits Ukrainian strongholds remain in Bakhmut * Lithuania to send $44 million worth of military aid to Ukraine * Ukraine, Poland to co-produce 125 mm tank shells * Reuters: China ready to work with France on Ukraine peace * EU chief says China’s Xi
A year into Russia’s full-scale invasion of Ukraine, there is little doubt in the West that Ukraine needs to win. Led by the U.S., Western support helped Ukraine push back Russian forces and kept Russian President Vladimir Putin from achieving his major warmongering goals. But Russia’s war
Just days before Russia’s full-scale invasion of Ukraine last February, China’s leader Xi Jinping and Russian President Vladimir Putin declared a “friendship without limits,” agreeing there would be no “forbidden areas of cooperation.” Unsurprisingly then, Beijing did not condemn Russia’s all-out war against Ukraine that began on
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