Chinese banks work to keep Russian business ties amid sanctions

Chinese banks are trying to maintain business ties with Russia without getting in the way of Western sanctions. Phelim Kine, author of Politico's China Watcher newsletter, joins CBS News' Anne-Marie Green to discuss the countries' options on "CBS News Mornings."

#News #China #Russia

[Hitchens-tc]

The US are not in a position to dictate what other countries can do. Good for Russia and China’s partnership. Remain neutral and find peace

[gael_]

"If you support Ukraine, but not Palestine, Syria, Libya, Lebanon and Iraq; If you condemn Russia, but not Israel, US and NATO, then congrats mate, you're on the highest tier of hypocrisy."
#IndiaAgainstWesternHypocrisy

[kevt]

They're not sanctions.
It's a special economic operation.

[kaisiangtey]

“...isn’t a place, with all due respect, like Iraq or Afghanistan, that has seen conflict raging for decades. This is a relatively civilized, relatively European – I have to choose those words carefully, too – city, one where you wouldn’t expect that, or hope that it’s going to happen” - Charlie D'Agata, CBS News

[michaelthong]

Great. Russia need China support and business. China have a 1.4 billions market for Russia.

[zjc]

China stays neutral but will make sure Russia economically survives, and the extent of support depends on the extent of trouble Russia has.

[gvonk]

It is sad that America wants to say one thing but can't even hold its own weight. You can't play both sides. Either call china out (as well as European Nations who are working with Russia and China) out and open up US oil and gas or stand aside and let the world play this out

[carllockpick]

We should all, take note, of who is siding with Russia,

[jimmiller]

The world needs a strong China to stand against American imperialism

[gvonk]

and we stand by and watch America, freedom and democracy become a joke

[adityareddy]

Take ur Stand for humanity ..great india 🇮🇳

[m.a]

Certain services should always remain neutral even during war, used to be food trade but in modern times services like master card should never take sides. The people on both sides are victims and have no say in the matter

[randall_c_]

China also has a strategical partnership with both Russia and Ukraine

[meimei]

President Putin and president Xi Jinping bestfriends forever 💖💖💖 🇨🇳❤️🇷🇺

[adisornpinijkulviwat]

The Chinese expressions on the Russia-UKrain conflict are considered to be in line with the UN charter by promoting peaceful negotiation rather than using forces to solve the conflict which adds much more fuel in the fire. The unilateral sanctions could be an illegal act against others.

[tjinc]

And why not since the West chose to walk away from negotiation and sanction against both countries, why can't they develop the system to work together in tandomly and independent of the West.

[ragingmonk]

China foreign debt, $2.4 trillion
China Corporate dent, $27 trillion
Public debt exceeds 300% gdp

How much help can they actually be?

[vulkanraven]

Expect more road rage and civil unrest including panic buying

[skyrider]

Every night and day we loosing our people while there is still NO CLOSED AIRSPACE. We need this alrdy a week ago!!! From Ukraine with love! Слава Україні!

[jasonmonge]

But China is also having business with EU and the USA..No only regimes!!