US Secretary of State Antony Blinken speaks to journalists, 26 April 2024, Peking, China.
© Johannes Neudecker / picture alliance via Getty ImagesUS Secretary of State Antony Blinken speaks to journalists, 26 April 2024, Peking, China.
The US Secretary of State says Washington is prepared to impose more sanctions on Beijing over the alleged transfer of military components.

Washington is ready to introduce more sanctions against China over its alleged transfer of dual-use goods and components, which can supposedly be used by the Russian military industrial complex, US Secretary of State Antony Blinken said on Friday.

Speaking at a press conference in Beijing following his meeting with Chinese President Xi Jinping, the US official recalled that Washington has already imposed sanctions against more than 100 Chinese entities and is "fully prepared to act" and "take additional measures."

Blinken claimed that China's alleged support for the Russian defense industry raises concerns not only about the situation in Ukraine, but also about a "medium to long-term threat that many Europeans feel viscerally that Russia poses to them."

Earlier this week, the Wall Street Journal had also reported that the US was drafting sanctions that could cut off some Chinese banks from the global financial system unless Beijing severs its economic ties with Russia.


The outlet claimed that US officials believe trade with China has allowed Russia to rebuild its military industrial capacity and could help it defeat Ukraine in a war of attrition.

Beijing has vehemently rejected accusations of "fueling" the Ukraine conflict and has instead blamed NATO for instigating the crisis by continuing its expansion in Europe and refusing to respect Russia's national security concerns.

Following his meeting with Blinken, President Xi suggested that the US and China "should be partners, not rivals" and should strive towards achieving "mutual success and not harm each other."
"I proposed three major principles: mutual respect, peaceful coexistence, and win-win cooperation. They are not only a summary of past experience, but also a guide to the future," the Chinese leader was quoted as saying.
Beijing has maintained a policy of neutrality on the Ukraine conflict, with Chinese officials repeatedly stating that the country is not selling weapons to either Russia or Ukraine. Earlier this month, Chinese Foreign Ministry spokesman Mao Ning insisted that China "regulates the export of dual-use articles in accordance with laws and regulations," urging "relevant countries" not to "smear or attack the normal relations between China and Russia."

In December last year, US President Joe Biden issued a decree which enabled sanctions on foreign financial institutions that continue to deal with Russia. It targeted lenders outside US and EU jurisdictions that help Russia source sensitive items, which reportedly include semiconductors, machine tools, chemical precursors, ball bearings, and optical systems.