https://www.taxtmi.com/news?id=48491 Beijing indicated it prefers against a Russian defeat because US attention would then shift to China, while denying material support to Russia and suggesting a prolonged conflict may serve its strategic interests. The EU plans to blacklist two Chinese banks for alleged sanctions circumvention; China warned of retaliation. The dispute extends to Chinese export restrictions on rare earths and magnets that have disrupted European manufacturing, with no structural resolution offered. en-us Fri, 04 Jul 2025 20:31:02 +0530 Fri, 04 Jul 2025 20:31:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=48491 Beijing indicated it prefers against a Russian defeat because US attention would then shift to China, while denying material support to Russia and suggesting a prolonged conflict may serve its strategic interests. The EU plans to blacklist two Chinese banks for alleged sanctions circumvention; China warned of retaliation. The dispute extends to Chinese export restrictions on rare earths and magnets that have disrupted European manufacturing, with no structural resolution offered. News - Fri, 04 Jul 2025 20:31:02 +0530 https://www.taxtmi.com/news?id=48491