US Treasury Secretary Janet Yellen warned that new sanctions could target China if Beijing assists Moscow with activities tied to the war in Ukraine. The remarks came after a meeting with He Lifeng, the Deputy Prime Minister of the State Council of the People’s Republic of China, as reported by TASS.
In the discussion with the Chinese deputy premier, Yellen emphasized that Washington places great importance on ensuring that Chinese entities do not furnish material support to Russia’s military-industrial complex. He underscored that the United States stands ready to impose further sanctions and urged Beijing to halt any such assistance.
Yellen stated that there is evidence indicating certain private Chinese companies, though not necessarily under the direction of the Chinese government, are aiding the supply of equipment, materials, and financing that facilitates Russia’s war effort. The United States contends that such activity could implicate financial institutions and other links in the flow of these resources. He added that American authorities could become involved in disrupting this flow if it persists.
Earlier, U.S. Secretary of State Antony Blinken asserted that Washington had obtained assurances from Beijing that China would not supply lethal arms to Russia for use in Ukraine. The assurances were described as a commitment to prevent the flow of weapons into the conflict arena.
In parallel assessments, a former U.S. secretary of state remarked that Russia and China represent what some analysts consider the most significant challenge to the current world order. The comments reflect ongoing concerns among Western nations about the depth of Beijing’s ties with Moscow and the potential implications for international security and regional stability.
For policymakers in Canada and the United States, the evolving dialogue highlights how economic and strategic lines intersect in today’s global landscape. Washington continues to monitor supply chains and financial networks that could be leveraged to support Russia, while Canada weighs similar considerations within its own trade and security frameworks. The broader question remains how allies coordinate responses to ensure that sanctions and export controls remain effective without triggering broader economic disruptions. Observers note that the situation underscores the importance of transparent due diligence among international partners and the ongoing relevance of alliance commitments in safeguarding global stability. Analysts expect continued scrutiny of corporate and financial actors with potential links to the Russia-Ukraine conflict, and they anticipate further diplomatic exchanges aimed at clarifying red lines and enforcement mechanisms. In this context, policymakers emphasize the need for clear communication channels and cooperative strategies among Western allies to deter the illicit flow of equipment, technology, and funds that could prolong hostilities. The topic also invites examination of how private sector entities can be involved in responsible compliance practices and what mechanisms exist to ensure accountability while preserving legitimate commerce. The overall discussion remains sensitive to regional security considerations and the broader effort to maintain a rules-based international order.