Politics

Watch out for Putin-Xi Jinping going berserk, Biden drops a new “bomb” on Russia and China

Jakarta, CNBC Indonesia – The government of United States President Joe Biden dropped “bombs” on Russia and China. On Wednesday local time, Washington officially issued hundreds of new sanctions targeting Russian activities, including those through China.

Russia itself had already been sanctioned by the West over the war in Ukraine. This new sanction is also linked to this file, where a certain number of Chinese companies are considered to have “secretly” provided their support to the Russian army.

Collect Reuters, The US Treasury Department has imposed sanctions against nearly 200 targets. In the meantime, the Foreign Ministry has set more than 80 targets.

A total of 20 targets are companies based in mainland China and the Hong Kong Special Autonomous Region. China's support for Russia has indeed become one of many issues that threaten to improve relations between the world's two largest economies.

“The Treasury Department has consistently warned that companies would face significant consequences if they provided material support for Russia's war, and the United States today applied this measure to nearly 300 targets,” the Treasury Department said. US Secretary of the Treasury, Janet Yellen, in a press release cited Thursday (2/5). /2024).

Besides China, it was also said that sanctions were also imposed on other companies in Azerbaijan, Belgium, Turkey, United Arab Emirates and Slovakia. All are accused of allowing Russia to “obtain much-needed technology and equipment from abroad,” although their true purpose is not explained.

“Concerns about Chinese entities supplying war materials to Russia are becoming a concern at the highest levels of the department and administration,” a senior US State Department official said.

“The reason is very simple, because China is the main supplier of components essential to Russia's defense industrial base, and Russia uses them to continue its war against Ukraine,” he added.

“If China stops supporting the export of these products, Russia will have difficulty sustaining its war effort.”

Collect AFP, Detailed sanctions are also imposed on companies in the energy sector, such as mining and metals. Individuals are also targeted as targets for “punishment”.

Meanwhile, the Russian Embassy in the United States has not responded to this information. However, a spokesperson for the Chinese embassy in Washington condemned the sanctions.

Liu Pengyu said the government supervises the export of goods in accordance with laws and regulations. He added that normal trade and economic interactions between China and Russia comply with the regulations and market principles of the World Trade Organization (WTO).

“The Chinese side firmly opposes the illegal unilateral sanctions by the United States,” he said.

[Gambas:Video CNBC]

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Watch out for Putin-Xi Jinping going berserk, Biden drops a new “bomb” on Russia and China

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Watch out for Putin-Xi Jinping going berserk, Biden drops a new “bomb” on Russia and China

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