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February 20, 2024In that case, these would be the first direct sanctions against Beijing for its alleged military support to Moscow, CNBC reports.
American intelligence believes that China is becoming an increasingly important support for Russia in its military efforts, presumably supplying Moscow with key dual-use technologies and equipment used in the war against Ukraine.
“China needs to understand that the same kinds of sanctions that are really starting to bite in Russia and affect Russian productivity, economic performance and quality of life can also be applied to China. Frankly, China stands to lose much more than Russia,” said Senator Gerald Connolly. Although the United States itself will suffer from such restrictions, CNBC notes. The Chinese Foreign Ministry has already stated that it opposes US sanctions against its companies for cooperating with Russia and promises to take measures to protect them.