11/29/2024 – Translated from Ukrainian via Google and OFP
China introduced new restrictions on the supply of dual-purpose goods to Russia.
The new sanctions will enter into force on December 1 and will significantly
complicate the process of procurement of machinery, equipment and chemicals by Russian businesses.
As rosZMI reports, due to friendly relations with the aggressor country, the future restrictions were not officially announced in Beijing. But already in December, a 25% tax will be levied on exporters of dual purpose products from China to Russia.
Among other things, the updated list of restrictions will include IT equipment, including servers and components, with which a tense situation has already arisen in Russia. The sale of argon gas for welding will also be restricted – already concluded contracts are still being fulfilled, but future supplies have not yet been concluded.
It will also be problematic to bring goods to Russia through third countries. Since the PRC’s export control applies to all shipments abroad, Chinese exporters will not only need to have a special license, but also to provide information about the final recipient of the goods, which will significantly worsen the situation with making payments.
Russian analysts have come to the conclusion that the new rules may confirm that the USA has influenced China, and now the export of important products to Russia, if not stopped altogether, will become much more difficult. By adhering to the restrictions, China is demonstrating to the US that it is preventing the misuse of sensitive technologies and materials for use in Russia’s war against Ukraine.
Previously, Chinese companies began to refuse direct deliveries to Russia of products from stop-lists of codes of foreign economic activity and began to demand the redirection of imports to third countries. And before that, Russia’s trade with China was complicated by the refusal of Chinese banks to accept payments from Russian companies after the introduction of the 12th package of EU sanctions against Russia.
As OBOZ.UA has already reported, Chinese banks continue to make it difficult to make payments for clients from Russia, fearing to fall under the influence of secondary sanctions. For this reason, checks of transactions from India, the UAE and Hong Kong have been strengthened – they are trying to detect a “Russian trace”.
“It will also be problematic to bring goods to Russia through third countries. Since the PRC’s export control applies to all shipments abroad, Chinese exporters will not only need to have a special license, but also to provide information about the final recipient of the goods, which will significantly worsen the situation with making payments.”
If this is anywhere near the truth, then the chicoms are implementing stronger tools to prevent sanction circumvention than the pathetic West.
Where are your allies when you need them.
https://apnews.com/article/syria-attack-clashes-aleppo-9c07da6f83036f34d4b18a479de9d085
What allies???
Got to love Peskov whining about the sovereignty of a country.
Too bad, he doesn’t suffer pain for every lie he tells. He’d be screaming nonstop.
What will the orcs attack with now? The Chinese golf carts were their main attack vehicle.
With their feet, I suppose.
ETERNAL FRIENDSHIP…………………….