Analysts say they have yet to see a major indication China is violating Western sanctions on Russia. Overall trade with Russia rose to $38.2bn in January-March, a Chinese customs spokesman said
The decision was taken because of fear of secondary sanctions from the US after Russia’s invasion of Ukraine, Forbes Russia said, citing Russian media.
Russia is turning to microchip manufacturers in China to circumvent western sanctions which have boosted demand for bank cards linked to Mir payment system, a payment card executive said.
India and Russia have sealed a rupee-rouble payment mechanism to get around western sanctions because of the war in Ukraine,...
Chinese exports to Russia have been buffeted as the rouble swings in value, clear evidence of the effect Western sanctions over Russia's invasion of Ukraine are having in China
US Commerce Secretary Raimondo doubles down on threat to cut off access to US technology needed to make chips for any company helping Russia.
Washington's moves to tighten the screws on Moscow come as US and European officials accuse Russia of war crimes over its bombardment of civilians in Ukrainian cities
Raimondo said the US could “essentially shut” companies such as Semiconductor Manufacturing International Corporation or any Chinese company
Japan's Nikkei sinks 3.2%, Sensex opens 2.3% down, while the MSCI's broadest index of Asia-Pacific shares ex-Japan loses 1.6% and Chinese blue chips shed 0.8% amid a sea of red
Capital Economics’ Mark Williams says China is unlikely to attempt to bale out Russia fearing it could become the target of sanctions itself
A China institute that advises the nation's top leaders says Western sanctions will end up hurting the US and Europe more than Russia itself.