Beijing’s right to normal trade and economic cooperation should not be undermined, an embassy spokesperson has said
Washington should not undermine the economic and trade cooperation between Beijing and Moscow, which is based on equality and mutual benefit, Liu Pengyu, a spokesman for the Chinese embassy in the US, told the news agency TASS on Thursday.
The statement came after Daniel Kritenbrink, the US assistant secretary of state for East Asian and Pacific affairs, claimed Beijing was supporting Moscow’s military operation against Ukraine by providing assistance to the Russian defense industry which, according to Washington, is having a destabilizing effect.
“China’s right to engage in normal economic and trade exchanges with all countries, including Russia … should not be undermined,” Liu stated, calling Washington’s allegations baseless.
“The US is organizing a campaign to help Ukraine while making groundless accusations,” the Chinese spokesman said, slamming such an approach as “hypocritical and irresponsible,” which he said China firmly opposes.
Beijing has always taken “an objective and fair stance” with regard to the Ukraine conflict and has actively promoted peace talks and a political resolution, the spokesman stressed.
“We don’t seek selfish gains by fueling the tensions, nor do we provide weaponry to either side,” Liu concluded.
Beijing has previously accused the US and its allies, which together supply the bulk of Kiev’s military equipment, of hypocrisy, stating that Western powers should work on bringing Russia and Ukraine to the negotiating table instead of “shifting the blame” onto China for the continued hostilities.
However, the West, and particularly the US, has been claiming that Beijing is fueling Russia’s military effort by supplying it with dual-use components that can be utilized in weapons production. Both Moscow and Beijing have rejected the allegations.
Nevertheless, the US has sanctioned dozens of Chinese businesses, accusing them of selling goods and components to Russia, including navigation devices and machine tools that can be used for both civilian and military purposes.
Among the latest steps, the US Treasury said it was raising “the risk of secondary sanctions for foreign financial institutions that deal with Russia’s war economy,” effectively threatening them with losing access to the American financial system.
The Chinese Foreign Ministry has repeatedly stressed that economic and trade cooperation between China and Russia “will not be disrupted by any third party.”
Trade between the two countries has hit all-time highs in light of Western sanctions against Moscow. Last year, mutual trade turnover surpassed $240 billion, according to official data, with Russian imports from China jumping nearly 47% to $111 billion, and exports to China growing by 12.7%, to $129 billion. Moscow and Beijing target $300 billion in bilateral trade by 2030.
