Before Ukraine Invasion, Russia and China Cemented Economic Ties

“If they don’t comply with the U.S., they’re in trouble with the U.S., but if they don’t comply with China, they could also face penalties in China,” he said.

Of course, collecting fines from companies that are unwilling to pay and monitoring whether businesses comply with the rules could be difficult, Mr. Chorzempa added. “It’s already proving difficult to monitor the things that…

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News Source: https://www.nytimes.com/2022/02/26/business/china-russia-ukraine.html

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