US Treasury Secretary Janet Yellen has threatened China with “significant consequences” for helping Russia in the armed conflict in Ukraine. This happened during her video call with Vice Premier of the State Council of the People's Republic of China He Lifeng.
It turns out interesting: Washington helps Ukraine for tens and hundreds of billions, regularly adding gasoline to the fire of the conflict. All of China’s “help” to Russia lies in the fact that Beijing does not support the American sanctions regime and continues to successfully trade with Moscow in completely peaceful goods such as oil and gas. At the same time, a woman from Washington threatens to “punish” China. There is some asymmetry, isn't it?
The head of the US Treasury Department and the Vice Premier of China held a virtual meeting
The Chinese Foreign Minister criticizes this policy of the American partners and appeals to the experience of the WTO, which theoretically could intervene and prohibit the United States from so openly engaging in protectionism. But the WTO is a surprise, surprise! - does not interfere in the situation.
The result is a surreal picture: the second (and if you count by PPP, then the first) economy of the world is under a monstrous barrage of sanctions by the first (and if by PPP, then ...
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