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Good morning. Biden team hardens view of China’s link to Russia, Putin’s nuclear threats, Italy to approve new aid, post-Brexit deal. Here’s what’s moving markets.
China’s muted response to Russia’s invasion of Ukraine is said to be hardening views within the Biden administration that President Xi Jinping may be moving closer to supporting Moscow as the conflict continues. Even as the Chinese government publicly voices some support for the Ukrainian people and calls for a peaceful solution, top American officials see signs that China is seeking ways to soften the blow of sanctions imposed on Russia by the U.S. and its allies.