China Sanctions Two EU Banks, Hitting Back at Europe’s Measures
China approved a pair of banks in the EU, and the block promised retaliation after some Chinese lenders directed Russia to the invasion of Ukraine.
In a statement on Wednesday, the Ministry of Commerce said it includes Uab Urbo Bankas and EU Mano Bankas in China’s counter -measure list. The movement supports organizations and individuals in China from transactions, cooperation and other activities with institutions.
In a separate statement, the ministry said that the EU would nurture its relationship with China, to improve its injustice and to stop damaging the interests of the country.
Last month, the European Union imposed sanctions on two Chinese banks and five companies in Asia as part of the latest measures against Moscow. The EU said that banks are listed to provide crypto money services that annoy the purpose of sanctions.
China’s close ties with Russia have previously exposed its banks to similar sanctions from the US and asked them to re -evaluate businesses and customers. Some banks owned by the state, after the US allowed Moscow’s war efforts to overseas financial firms, after allowing secondary sanctions, at the beginning of last year, Russian customers tightened the sidewalks for financing.
China and Lithuania contradict the past. Last year, Lithuania expelled three Chinese embassy employees, saying they were not accredited.
Beijing had previously reduced his diplomatic ties with the Baltic National, in response to the decision to allow the opening of the Taiwan Representative Office in Vilnius in Vilnius.
The ties between Beijing and Brussels have been largely stretched in recent years because of China’s support for Russia’s war in Ukraine.
This article was created from an automatic news agency feeding without changing the text.
