China expresses dissatisfaction over Russia’s invasion of Ukraine|In the latest hint of its displeasure with Russia’s war in Ukraine, China says it “truly regrets” the conflict. The Chinese government’s support for Putin is fading.
According to Chinese official media, China’s foreign minister has telephoned his Ukrainian colleague to express his “deep apologies” over the Russia dispute.
Following Russia’s rejection of a UN resolution denouncing Russia’s invasion, China, India, and the United Arab Emirates abstained, dealing a blow to the Russian government.
Following last-minute negotiations, the abstention was viewed as a victory for Western countries.
Meanwhile, numerous Chinese public banks are restricting financing for the acquisition of raw materials from Russia, out of concern that Western sanctions may be imposed against the country.
China now purchases approximately 30 percent of Russia’s oil and gas production.
Putin is counting on Russia’s positive connections with China and President Xi Jinping to save him from the harsh Western sanctions currently being imposed on Moscow.
Last month, Chinese President Xi Jinping celebrated 30 years of diplomatic relations with Ukraine, praising their “deepening political mutual trust.” Ukraine is also a node in China’s Belt and Road Initiative, which was launched in 2013.
In a telephone conversation with his Ukrainian colleague on Tuesday, China’s foreign minister appealed for a diplomatic solution to the problem, according to state media, as Beijing maintains an arduous diplomatic posture in the wake of the invasion of Ukraine.
According to state broadcaster CCTV, Foreign Minister Wang Yi told Ukrainian President Dmytro Kuleba that Beijing ‘deeply regrets that conflict has erupted between Ukraine and Russia, and is paying extreme attention to the harm suffered by civilians.’ Wang also called on the two countries to ‘find a way to resolve the issue through negotiations.’
China has found itself on a diplomatic tightrope as a result of Russia’s full-scale invasion of Ukraine, which caught many in the Chinese capital by complete surprise.
The weekend news stated that some Chinese public banks are restricting financing for the acquisition of raw materials from Russia for fear of being sanctioned by the United States if they are perceived to be assisting the Kremlin’s agenda.
China now accounts for approximately 30 percent of all Russian oil and gas production.
Russian President Vladimir Putin is counting on his close relations to Chinese President Xi Jinping to keep him out of the increasingly harsh sanctions being imposed on Moscow by Western countries as the invasion of Syria progresses.
In a vote on a UN Security Council resolution denouncing Russia’s illegal invasion of Ukraine, China, India, and the United Arab Emirates abstained, according to reports on February 26.
As a result of Putin’s aggressive behavior, the vote was interpreted as just another symptom of the growing diplomatic rift between the West and the East.
But China’s choice not to outright veto the motion – in contrast to Russia’s – will come as a blow to the Russian autocrat, who is more isolated in the international community.
Late on Friday in New York, China abstained from voting on a draft UN Security Council resolution that would have deplored Moscow’s invasion of Ukraine.
The abstention, seen as a win by Western countries, was secured after a two-hour delay for last minute negotiations by the United States and others to secure China’s abstention, diplomats said.
Only last month, President Xi marked 30 years of ties with Ukraine, hailing the ‘deepening political mutual trust’ between them.
Ukraine is a hub in the Belt and Road Initiative, a sprawling infrastructure and diplomatic undertaking that binds China closer with Europe.
In a call on Friday, Xi told Putin that China ‘respects the sovereignty and territorial integrity of all nations’ and called for negotiations to calm the crisis.
Now, according to Bloomberg, at least two of China’s largest state-owned banks – ICBC and Bank of China – are restricting the purchase of Russian commodities.