Speaking at a press briefing, Jian stated that Beijing opposes unilateral sanctions against Chinese citizens and companies. “Regarding the crisis in Ukraine [Russia’s war against Ukraine], China is committed to facilitating peace negotiations,

The EU also targeted the Nord Stream pipelines between Russia and Germany to prevent Putin from generating any revenue from them in future, notably by discouraging would-be investors. Russian energy giant Rosneft’s refinery in India was hit as well.

The 27 EU member states have agreed an 18th sanctions package targeting Russia for invading Ukraine after being blocked for weeks by Slovakia. The sanctions are intended to further reduce Russian revenues from the export of oil to non-EU countries and impact the Russian financial sector.