News Snapshot:
China is “strongly dissatisfied” and “firmly opposed” to fresh US sanctions on Chinese companies over ties to Russia’s war in Ukraine, the commerce ministry said Sunday. “China urges the US to immediately stop its wrong practices and will take necessary measures to resolutely safeguard the legitimate rights and interests of Chinese companies,” a ministry spokesperson said. Washington on Friday imposed sweeping sanctions against almost 400 individuals and companies it believes are aiding Russia’s war in Ukraine, including several Chinese firms, expanding existing measures to curb Moscow over the invasion of its neighbour. These include companies in China involved in shipping...