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China Says It Wants to Avoid U.S. Sanctions Over Russia’s War

  • Beijing ‘not a party to the crisis,’ foreign minister says
  • U.S. has repeatedly warned China against helping Russia
Bloomberg business news
WATCH: “China always opposes using sanctions to solve problems.”China’s Foreign Ministry spokesman Zhao Lijian responds to whether Beijing is worried about being sanctioned by the U.S. over Russia’s war with Ukrain.Source: Quicktake by Bloomberg
Updated on

China wants to avoid being impacted by U.S. sanctions over Russia’s war, Foreign Minister Wang Yi said, in one of Beijing’s most explicit statements yet on American penalties that are contributing to a historic market selloff. 

“China is not a party to the crisis, nor does it want the sanctions to affect China,” Wang said in a phone call Monday with Spanish counterpart Jose Manuel Albares to discuss the war in Ukraine. “China has the right to safeguard its legitimate rights and interests.”