Elizabeth Rosenberg, assistant secretary for Terrorist Financing and Financial Crimes, will be in India on what is seen as a US bid to try to temper India's purchases of Russian oil
US Commerce Secretary Gina Raimondo attributed the drops to Beijing's wariness of US sanctions and told the Post that export controls were working.
Nomura Holdings says Beijing stepped up imports of key energies, raw materials and grains.
Chinese officials met with local and foreign banks to discuss how to protect overseas assets from sanctions such as those imposed on Russia for invading Ukraine, the FT said
Germany is seeking closer ties with countries that share its democratic values in the Asia-Pacific region, such as Japan, Australia, South Korea and India, Schultz said
Investors are "ditching China on an unprecedented scale", because of Beijing's zero-Covid policy, the global rise in interest rates, and sanction risks from Russia's war in Ukraine, it says
Russia made a payment last week on two sovereign bonds in roubles rather than dollars, so it may be considered a default if not "cured" by May 4, rating agency says
The US state department says it is aware of talks between Russia and India concerning the purchase of oil. It has no objection to India buying Russian oil, provided it buys at discount
External Affairs Minister Subrahmanyam Jaishankar lashed out at criticism over India's purchases of Russian energy, saying they are necessary to secure the nation's energy security.
Beijing has failed to convince the West of its self-proclaimed neutrality on the Ukraine war, as political winds shift rapidly