The Chinese government is prudently looking for ways to avoid economic losses.
The Chinese government is seriously afraid of US economic restrictions. Local authorities held an emergency meeting with local and foreign banks to discuss mechanisms to protect assets from possible sanctions.
According to the Financial Times, Chinese regulators are looking for ways to protect their own economy from sanctions similar to those imposed by the US and the EU on Russia. The internal meeting, which took place on April 22, was attended by representatives of the Central Bank and the Ministry of Finance of China, as well as heads of local and international banks. Its details are currently unknown.
It will be recalled that China was accused of being too lenient with Russia. In addition, the ruling elite of the United States and many European countries were outraged by the fact that after Russia's full-scale invasion of Ukraine, China sent modern air defense systems to pro-Russian Serbia.
Read also: In the case of arms supplies to Russia, China will face consequences from all US allies – the State Department
However, official Beijing has issued a statement that he wants peace in Ukraine and even hinted that can become one of the guarantors of security in the collective international agreement.
Despite the expressed interest in creating a security system for Ukraine, China is still clearly not spoke on this issue. Why does official Beijing's position on Ukraine differ from that of Western partners? Oleksiy Koval talks about this in the article “Why China will not become a guarantor of Ukraine's security.”
See the special topic:In Ukraine, some seaports are closed In particular, the ports of Berdyansk, Mariupol, Skadovsk and Kherson. The United States has announced when its diplomats will return to Ukraine Secretary of State Anthony Blinken stressed that this will happen in the coming days. About four days of movement of Russian troops on the territory of Ukraine is not visible – Arestovich Adviser to the President's Office said that the lack of reserves of the Russian army has significantly slowed the pace of the offensive. Le Monde: The Kremlin's public discourse has become hysterical in an attempt to justify an uncontrolled escalation After two months of war, Russia is disappointed. We give up Soviet weapons and switch to NATO weapons – Zaluzhny The Commander-in-Chief of the Armed Forces of Ukraine reported on the results of the conversation with US General Mark Millie.
