Beijing's message: The US Ministry of Finance threatened Chinese banks because of the help of Russian Federation

Presidential Administration Joe Baiden is trying to repel firms around the world that help the Russian Federation to avoid sanctions imposed by the Western countries. After the four -day negotiations in China, the head of the US Ministry of Finance, Jannet Ellen, warned the banks and exporters of the country that "Washington will come after you" in case of continuation of assistance to strengthen the Russian military potential. About it writes Bloomberg.

"I emphasized that companies, including in the PRC, should not provide financial support for the war of Russia, and that they will face significant consequences if they do it," Yellen, who was prepared for speech during a press conference in the residence of the American ambassador in Beijing. The Minister of Finance also noted that "any banks that contribute to large transactions that send military or double-purpose goods to the Russian defense-industrial base are at risk of US sanctions.

" Separately, Bloomberg emphasizes that Baiden's administration seeks to influence firms around the world that contribute to Russia to avoid a network of sanctions imposed against Moscow and their allies after its invasion of Ukraine in 2022. Despite the preliminary warnings to Beijing, Ellen's message delivered to the Chinese capital was atypically a direct threat to sanctions.