White House: US to Impose Sanctions on Chinese Entities Supporting Russia's War in Ukraine in Coming Weeks

Jul 20, 2024, 08:42 AM

The United States is preparing to impose new sanctions on Chinese entities that support Russia's war in Ukraine. According to Jake Sullivan, Assistant to the President for National Security, the sanctions will target Chinese companies and banks that facilitate Russia's war efforts. The move, announced by the White House, comes as part of a broader strategy to exert pressure on financial institutions aiding Russia's war machine. The sanctions are expected to be implemented in the coming weeks.