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For the first time, the EU has sanctioned Chinese banks over cooperation with Russia. As part of its 18th sanctions package aimed at weakening Russia’s war machine, the EU has targeted Suifenhe Rural Commercial Bank and Heihe Rural Commercial Bank, both regional lenders.

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This is good to see and may be timely considering China and the current relationship with the U.S. China cannot really afford battles on too many fronts before their people are standing in bread lines. China should have helped end the Ukraine war for wheat priorities.

Long overdue Enemy of all democracy, China has been waging, economic, and political warfare on democracy for decades and western democracy and businesses have been enabling their own demise by doing this