China not to join sanctions on Russia; property bubbles and excessive financialization of housing curbed – banking regulator
FEATURES POLICY & REGULATION
China not to join sanctions on Russia; property bubbles and excessive financialization of housing curbed – banking regulator
FEATURES POLICY & REGULATION

China not to join sanctions on Russia; property bubbles and excessive financialization of housing curbed – banking regulator

 

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China will not join in sanctions on Russia that have been led by the West, the country's banking regulator said on Wednesday, adding that he believed the impact of the measures on China would be limited.

"As far as financial sanctions are concerned, we do not approve of these, especially the unilaterally launched sanctions because they do not work well and have no legal grounds," said Guo Shuqing, chairman of the China Banking and . . .

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