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Beijing Tells Chinese in Russia to Help Fill Economic Void

  • Envoy asks China businesses to seize opportunity, report says
  • President Xi Jinping decried sanctions but firms are complying
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WATCH: White House Press Secretary Jen Psaki warns of “significant consequences” should China offer economic or military assistance to Russia.Source: Bloomberg
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China’s top Russia envoy urged Chinese business people in Moscow to seize economic opportunities created by the crisis, a strategy that could help soften the blow from international sanctions. 

Ambassador Zhang Hanhui on Sunday told about a dozen business heads to waste no time and “fill the void” in the local market, the Russia Confucius Culture Promotion Association said on its official WeChat account. While the summary made no mention of sanctions or sanctions compliance, Zhang described the situation as an opportunity.