China: US sanctions against Russia have caused the global economy to decline

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After the outbreak of the conflict between Russia and Ukraine, the United States and its allies imposed waves of unilateral sanctions against Russia. “But instead of solving any problems, the sanctions have only led to a negative impact on the deteriorating global economy,” Chinese Foreign Ministry spokesman Zhao Lijian said on Wednesday.

“I just raised food security. I noted that even the US president himself had to admit that “the price of sanctions is not only imposed on Russia. He added that it has been imposed on a huge number of countries as well “and that the food shortage” will be real.”

Countries around the world already have had enough, as they need to respond to COVID-19 and try to restore the economy. Against this background, mass and indiscriminate sanctions will not only lead to a new and irreversible loss, but may also lead to shocks to the current global economic system, nullify the results of international economic cooperation for decades, and ultimately will force the peoples of the world to pay a heavy price. . . It is neither fair nor reasonable and contradicts international justice and the aspirations of the peoples.”

“Dialogue and negotiation, an alternative to war and sanctions, is the basic solution to address hot international and regional issues and represents the best way to meet the interests of all parties. The international community must continue to work to advance negotiations between Russia and Ukraine and create conditions for a political settlement.”

“As the culprit of the Ukraine crisis, the United States in particular should do some soul-searching, stop its old habit of throwing its weight around the world, and add momentum to peace talks rather than fan the fire. As a major country in the world, the states should The United States also bears more responsibility for defending the stability of the global economic system along with its rules and foundations, and he said it should not deliberately ask the entire world to pay the price for unilateral US sanctions.

Zhao stressed that the international community, including US President Joe Biden, should help de-escalate the Ukraine conflict and not “pour oil on the fire” by speculating about “genocide.”

He said at a press briefing, in response to a question from a Western journalist about the Chinese authorities’ view of Biden’s latest statement about the “genocide caused by Russian forces.”

He added that “all the efforts of the international community should be aimed at calm, and there is no need to start a fire.”

On Tuesday, Biden told reporters that the events in Ukraine seemed to him “genocide,” but he got it wrong and suggested that lawyers should assess what is happening.

Russian President Vladimir Putin announced on February 24 that, at the request of the presidents of the Donbass republics, he had taken a decision to carry out a special military operation in Ukraine, stressing that Moscow had no plans to occupy Ukrainian territory. Western countries responded to the actions of the Russian authorities with the imposition of sanctions, both personal and sectoral, especially in relation to the state debt and the Russian banking sector, while many private companies decided to suspend their operations in Russia or completely withdraw from Russian projects and refuse to invest in them. With them

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