G7 to Warn Small Chinese Banks Over Russia Ties and Discuss Leveraging Frozen Assets for Ukraine's Benefit
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#b0089b4e ver:0.24

The G7 finance ministers are warning small Chinese banks over their ties to Russia and discussing leveraging frozen assets to aid Ukraine. They express concern about China's nonmarket policies and practices that harm their economies. The G7 countries are united in addressing Russia's aggression and China's authoritarianism. The US, EU, and France are particularly concerned about China's dominance in the electric vehicle market. The G7 summit will issue a tough warning to Chinese banks and discuss using Russian assets for Ukraine's benefit. Sanctions and tighter export controls are expected to reduce Russia's ability to evade Western sanctions. #G7 #China #Russia #Ukraine...

#newstr #G7 #China #Russia #Sanctions #Ukraine #Economy 

 https://here.news/story/b0089b4e?ver=0.24