Having previously called Russia a “good neighbor, good partner, and good friend,” it seems increasingly clear that the West faces not just Russia but China too as it brings more sanctions to bear. As The BRICS Post reports, Beijing announced its support for a beleaguered Moscow, calling on all parties to resolve the crisis, and warning that they “believe that sanctions are inconducive to the solution of problems. On the contrary, they will escalate tensions.”
Beijing announced its support for a beleaguered Moscow after the US and Canada announced fresh sanctions against Russia for it’s alleged “inaction” in easing tensions in Ukraine.
In a public signal of increasing Sino-Russian cooperation, China called on all parties to resolve the Ukrainian crisis through dialogue rather than sanctions, Foreign Ministry spokesman Qin Gang said Monday.
“We believe that sanctions are inconducive to the solution of problems. On the contrary, they will escalate tensions,” he said.
It is not in line with any side’s interests to impose sanctions, he added. “We call on all parties concerned to continue dialogue and negotiations so to resolve the crisis in a political way.”
Qin told a daily press briefing that China has been in touch with all relevant nations, including G7 nations, since the Ukrainian crisis erupted, and made clear the nation’s stance on the issue.
Hardly reassuring for all those ‘believers’ that US businesses will remain unaffected as sanctions are ratcheted up
Beijing’s support for its ally comes ahead of a strategic visit by Russian President Vladimir Putin to Shanghai next month where he will hold talks with his Chinese counterpart Xi Jinping.
via Zero Hedge http://ift.tt/1pKt5Pj Tyler Durden