Ukraine bans China’s firms because of helping Russia

Ukraine imposed sanctions on three Chinese companies, claiming they were involved in production of advanced Iskander missiles, a day after President Volodymyr Zelenskiy alleged that China had been supplying weapons to Russia.

Zelenskiy’s administration published an updated list of sanctioned entities. The list, which also includes Russian companies, named Beijing Aviation And Aerospace Xianghui Technology Co. Ltd, Rui Jin Machinery Co. Ltd, and Zhongfu Shenying Carbon Fiber Xining Co. Ltd, all described as registered in China.

Zelenskiy said that the Chinese companies hit with sanctions were involved in the production of Russian Iskander missiles. Russia widely uses the nuclear-capable short-range ballistic missile system in the conflict.

On Friday, Ukraine said Iskander missiles had struck Kharkiv, a city in northern Ukraine, killing one and injuring more than 100 people.

Ukraine exported $8 billion of goods to China in 2021, mostly raw materials and agricultural products, while it imported from China just under $11 billion, mainly in manufactured goods, according to the Ukrainian government.

Trump threatens to impose ‘large scale’ sanctions on Russia until a peace agreement with Ukraine is reached