US Treasury Issues Cautionary Notice to China

The US Treasury Secretary, Janet Yellen, issued a warning to Chinese companies regarding their involvement in supplying parts or equipment to the Russian military, emphasizing the potential consequences of such actions during her visit to Beijing.

Yellen’s statement highlighted the importance of refraining from providing support to Russia’s military efforts in Ukraine, particularly to the defense industrial base, and stressed that firms engaging in such activities would face significant repercussions.

Despite repeated warnings from American officials, reports have surfaced indicating Chinese companies are supplying crucial components for Russian military operations, prompting Yellen to address the issue directly during her discussions with Chinese officials and business representatives.