US Poised for Action Against Chinese Support for Russia

The U.S. and other nations may impose measures against Chinese firms and financial institutions due to China's support for Russia in the Ukraine conflict. U.S. Deputy Secretary of State Kurt Campbell emphasized collective disapproval from Western nations and indicated potential future actions.

The United States and other nations could take steps against Chinese firms and financial institutions over Beijing's backing for the Russian war against Ukraine, a top U.S. official said on Friday.

The Biden administration has stepped up warnings about China's backing for Moscow and issued an executive order in December that threatened punitive measures

against financial institutions helping Russia skirt Western sanctions. "I think where we are primarily focused are on Chinese companies that have been involved in a systematic way in supporting Russia," U.S. Deputy Secretary of State Kurt Campbell told reporters after a meeting near the Virginia town of Washington

"We've also looked closely at financial institutions." Earlier this week Campbell said there was an urgent need for European and NATO countries to send a collective message of

concern to China.

"There will be steps that are taken, not just by the United States, but other countries, signaling our profound displeasure about what China is seeking to do in its relationship with Russia on the battlefield in Ukraine," he said on Friday. Campbell spoke after a meeting with senior officials from Japan and South Korea to prepare the way for a trilateral leaders' summit later this year.