The 18th round of EU sanctions included two Chinese regional banks - Suifenhe Rural Commercial Bank and Heihe Rural Commercial Bank
According to a report by the South China Morning Post (SCMP) citing diplomatic sources, Chinese Foreign Minister Wang Yi warned EU High Representative for Foreign Affairs and Security Policy Kaja Kallas about Beijing's response to the inclusion of China Bank in the EU sanctions list. It was reported that during the meeting between Wang Yi and EU Foreign Minister Kallas, Beijing announced possible responses to the sanctions.
On July 18, the EU announced the 18th round of sanctions against Russia, which included two Chinese regional banks located near the China-Russia border - Suifenhe Rural Commercial Bank and Heihe Rural Commercial Bank. Due to the efforts of Chinese diplomats, the EU softened the conditions for lifting the sanctions. The European Commission told the Chinese ambassador that if Chinese institutions could prove they had stopped cooperating with Russia, they could revise the list of sanctioned banks within six months and remove Chinese companies from the list.
As part of the 18th round of sanctions against Russia, the EU imposed restrictions on seven Chinese companies and four Turkish companies. As part of the 18th round of sanctions against Russia, the EU has completely banned financial transactions with four Belarusian banks. After two Chinese banks were added to the EU sanctions list, the Chinese Ministry of Foreign Affairs publicly expressed "opposition to illegal unilateral sanctions".
Original article: https://www.toutiao.com/article/1838137361729603/
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