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Caixin Global
Caixin Global
Business

Business Brief (Oct. 17): U.K. Sanctions Chinese Firms Over Russia Ties

U.K. sanctions Chinese firms over Russia ties

The British government announced its most severe economic sanctions against Russia to date, targeting its oil companies and tanker fleet. The list includes Chinese companies. China expressed firm opposition, has lodged representations with the U.K. and urged it to lift the sanctions, stating that it will resolutely counter any actions that harm its interests.

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