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US ready to take action against Chinese banks for supporting Russia https://t.co/WgiRK0hqNG
🇺🇸🇨🇳 US says it could act against China firms, banks over Russian war support (Reuters) -The United States and other nations could take steps against Chinese firms and financial institutions over Beijing's backing for the Russian war against Ukraine, a top U.S. official said on… https://t.co/SG9MOilX66
US says it could act against Chinese firms, and banks over Russian war support "There will be steps that are taken, not just by the U.S, but other countries, signaling our profound displeasure about what China is seeking to do in its relationship with Russia on the battlefield… https://t.co/IiCGWumOwd
Deputy U.S. Treasury Secretary Wally Adeyemo has issued a warning to China regarding its support for Russia in the ongoing war against Ukraine. Adeyemo emphasized that Chinese firms and financial institutions face a choice between continuing their support for Russia or facing potential punitive actions from the United States and its allies, including the European Union. The United States, in coordination with other nations, is prepared to take steps against Chinese entities that are aiding Russia's military-industrial base. This coordinated effort aims to signal profound displeasure over China's actions in its relationship with Russia on the battlefield, according to Reuters.