Solidarity with Russia puts Chinese firms in crosshairs of US secondary sanctions

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SINGAPORE – An intensifying strain marketing campaign in the United States to discourage China from backing Russia in its warfare in Ukraine is one more reminder of escalating tensions between the world’s two largest economies.

The US risk of “consequences” exhibits buyers in Chinese property and firms which have enterprise dealings in China that there’s a shrinking record of points on which the 2 financial powerhouses agree.

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