Free Trial

FM-Unrestricted Sanctions Undermine Supply Chain, Food & Energy Crisis

CHINA-EU

French Foreign Minister Jean-Yves Le Drian held a video call with Chinese counterpart Wang Yi regarding the situation in Ukraine.

  • Wires reporting commenys from Wang: 'China's position over Ukraine is consistent, clear. China hopes international community will continue to encourage and support Russia-Ukraine talks and create necessary environment and conditions for this.'
  • Statement from Chinese Foreign Ministry: https://www.fmprc.gov.cn/web/wjdt_674879/gjldrhd_6...
  • "China hopes that the international community will continue to encourage and support the Russia-Ukraine negotiation and create the necessary environment and conditions for this."
  • "Wang Yi said that China has always advocated the careful use of sanctions and opposed unilateral sanctions and long-arm jurisdiction that have no basis in international law. [...] Given the sluggish global economic recovery, unrestricted sanctions will undermine the stability of the international industrial chain and supply chain, aggravate the food and energy crisis, and hurt the people's livelihood of all countries. All parties should calm down and do more things that will help ease the situation and prevent intensifying conflicts."

To read the full story

Close

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.