Yellen warns China banks over Ukraine – Occasions of India

US treasury secretary Janet Yellen wrapped up 4 days of talks in China with a warning to the nation’s banks and exporters: In the event you assist bolster Russia‘s navy capability, Washington will come after you.
“I careworn that firms, together with these within the PRC, should not present materials help for Russia’s struggle, and that they are going to face vital penalties in the event that they do,” Yellen mentioned on Monday in ready remarks for a press convention on the US ambassador’s residence in Beijing, utilizing an abbreviation for the Folks’s Republic of China.