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EU sanctions 27 Chinese firms, blocks Russian banks, China warns

4/26/2026

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Story summary
  • The EU added 27 Chinese entities to its sanctions package against Russia.
  • The package cuts Russian banks from euro transactions after Hungary and Slovakia withdrew their veto.
  • China warned the EU that fallout will be its responsibility and said it will safeguard Chinese companies and individuals named in the sanctions.
  • French President Emmanuel Macron warned Europe faces pressure from United States, China, Russia and urged the EU to defend interests.