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  4. Beijing to counter anti-Russian sanctions effects on Chinese firms
Asia

Beijing to counter anti-Russian sanctions effects on Chinese firms

  • By Al Mayadeen Net
  • Source: Agencies
  • 14 Apr 2022 18:53
  • 1 Shares

According to the spokesperson of the Commerce Ministry Shu Jueteng, Beijing does not intend to join unilateral sanctions that have been imposed on Russia without the approval of the UN.

  • Chinese Commerce Ministry
    Chinese Commerce Ministry

Following increasing pressure on Chinese firms by some foreign partners in light of the anti-Russian sanctions, the Chinese authorities will have to take measures, Shu Jueteng, an official spokesperson of the Commerce Ministry, said on Thursday.

"Certain countries have applied sanctions against Russia, creating obstacles to Sino-Russian trade and economic cooperation. Some foreign companies violate principles of market interaction and put pressure on Chinese enterprises demanding to ‘choose sides’," she said at a briefing, adding that "China will take the necessary measures and firmly defend the legitimate rights of its companies."

The spokesperson said that China does not intend to join unilateral sanctions that have been imposed on Russia without UN approval. "We are against any restrictions imposed unilaterally that are not based on international law," she stressed.

Shu Jueteng clarified that Beijing will not tolerate firms from any country threatening China's enterprises. She also noted that the Chinese side will be led by the generally accepted international rules and will contribute to strengthening the global free-trade system.

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Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

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