The United States plans to call on Western companies to “make a serious choice” regarding relations with China, which must stop the import of important components of the military-industrial complex to the Russian Federation through China, and Chinese companies can also make a choice. In favor of relations with the West or in favor of ties with Russia. According to the newspaper, US Treasury Deputy Secretary Wally Adeyemo announced this at a meeting with the German business community on Friday. Finance Times Citing quotes from the politician’s speech.
“(USA and Europe – editor’s note) has a serious choice to make regarding China: Chinese companies can either do business in our economies or equip the Russian military machine with dual-use products. He means, “They can’t do both.”
In his view, each NATO member must “consistently and clearly convey” to Beijing that it is unacceptable for the PRC to support the Russian military-industrial base.
As the Financial Times noted, citing US data, last year to 2023, Russia increased imports of important dual-use goods from Chinese suppliers by 40 percent, that is, civilian goods that also have military applications.
Before reportedIt was stated that China plans to hold talks with the European Union due to the expected increase in import taxes for electric vehicles.
Previously IMF raised China economic growth forecast.
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Source: Gazeta
Emma Matthew is a political analyst for “Social Bites”. With a keen understanding of the inner workings of government and a passion for politics, she provides insightful and informative coverage of the latest political developments.