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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessDef Mins To Meet But FM Says No Weapons To Any Party In Ukraine
Chinese Defense Minister Li Shangfu's upcoming visit to Russia (see: https://marketnews.com/china-defense-minister-to-v...) is likely to further raise concerns in Ukraine and the West about the increasingly close diplomatic and military relationship between the two nations.
- Li became defence minister just over a month ago. He was placed under US sanctions in 2018 for, "engaging in significant transactions with persons" who were already under sanctions from the Countering America's Adversaries Through Sanctions Act (CAATSA). This was primarily for transactions that involved ″Russia's transfer to China of Su-35 combat aircraft and S-400 surface-to-air missile system-related equipment″.
- On 13 April, Russian Foreign Minister Sergey Lavrov and his Chinese counterpart Qin Gang met in Samarkand, Uzbekistan, where they discussed the war in Ukraine. Qin stated that there is "no panacea" to the conflict and that China "will continue to play a constructive role in promoting a political settlement and restarting peace talks".
- In an effort to placate Western concerns, speaking alongside German Foreign Minister Annalena Baerbock in Beijing, Chinese Foreign Minister Qin Gang stated that all sides in the conflict should remain “objective and calm.” and that “Regarding the export of military items, China adopts a prudent and responsible attitude, China will not provide weapons to relevant parties of the conflict, and manage and control the exports of dual-use items in accordance with laws and regulations,”
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.