News Snapshot:
China has been hit with sanctions by the US for supplying “critical inputs to Russia’s military-industrial base” for use in the war against Ukraine. US officials on Wednesday announced a sweeping package targeting nearly 300 entities in Russia, China and other countries. “Today’s actions will further disrupt and degrade Russia’s war efforts by going after its military industrial base and the evasion networks that help supply it,” said the US treasury secretary, Janet Yellen. The almost 300 targets include dozens of actors accused of enabling Russia to acquire technology and equipment from abroad. Other than China, targeted non-Russian entities were...