Saturday , November 23 2024

US bans Chinese companies helping Russia in war against Ukraine, Beijing upset with US move | News India

Us Banned Chinese Companies One

Russia Ukraine War: The US has imposed sanctions on Chinese defense manufacturing companies for allegedly helping Russia in the war against Ukraine. China is very angry with this. After this action, China has protested against the ban imposed on Chinese companies in the war between Ukraine and Russia.

The US has announced sanctions against Russia and hundreds of companies in Europe, Asia and the Middle East, accusing them of providing products and services that aid Russia in its war effort and enhance its ability to evade sanctions.

The US State Department has said that it is concerned about the export of goods from China to Russia for other uses. China's Commerce Ministry in its statement has strongly opposed the US placing several Chinese companies on its export control list. These measures will prevent such companies from doing business with American companies.

The ministry said the US measures are “unilateral sanctions” and will disrupt global trade and rules and affect the stability of global industrial and supply chains. China has urged the United States to immediately stop its mistakes and take necessary measures to safeguard the legitimate rights and interests of Chinese companies, according to the US State Department, after some Chinese-based companies threatened Russian companies for parts and other components.