China’s Exports to Russia Slump Amid US Threat of War Sanctions

  • Putin may discuss moves to bolster trade at talks with Xi
  • US warned Chinese banks, exporters of sanctions for aiding war

Gantry cranes at the Yantian International Container Terminals in Shenzhen, China.

Photographer: Qilai Shen/Bloomberg
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China’s exports to Russia slumped in March, the first year-on-year decline since mid-2022, amid growing US threats of reprisal against Beijing if goods aid Moscow’s invasion of Ukraine.