Ukraine crisis: China walks ‘diplomatic tightrope’, but impact of sanctions on Russia seen as ‘limited’ for bilateral trade

Feb 25, 2022 | INVESTING

China will have to carefully balance economic support for Russia with its own interests given the likelihood of further sanctions on Moscow for its invasion of Ukraine, though experts say larger Chinese firms and the government are unlikely to risk rupturing relations completely with the West.Washington has frozen Russian assets in the United States, sanctioned Russian banks and put hi-tech exports to the country on hold. The package of sanctions does not include cutting Russian access to the…

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