The European Union has sanctioned two small Chinese banks in its latest package of measures designed to hobble Russia’s war machine, despite a warning from Beijing to expect consequences. Suifenhe Rural Commercial Bank and Heihe Rural Commercial Bank, two regional lenders from cities close to China’s border with Russia, were blacklisted in the 18th package…
BRUSSELS (AP) — The European Union approved on Friday a new raft of sanctions against Russia over its war on Ukraine, including a lower oil price cap, a ban on transactions with Nord Stream gas pipelines, and the targeting of more shadow fleet ships, EU foreign policy chief Kaja Kallas said. “The message is clear:…
If a week is a long time in politics, after a bruising fortnight of wrestling with the world’s two superpowers, the European Union could be forgiven for thinking it has aged several decades. The bad news for the bloc’s bureaucrats is that they may have an even trickier few weeks to navigate before they are…
Chinese Foreign Minister Wang Yi told the European Union’s top diplomat on Wednesday that Beijing cannot afford a Russian loss in Ukraine because it fears the United States would then shift its whole focus to Beijing, according to several people familiar with the exchange. The comment, to the EU’s Kaja Kallas, would confirm what many…
European Union foreign policy chief Kaja Kallas Monday called for what she called “a dose of realism” in its relations with China after EU foreign ministers discussed security aspects of relations with China. The ministers met to set the agenda for a planned July 2 Brussels meeting between Kallas and Chinese Foreign Minister Wang Yi…