China will not join sanctions against Russia

China has no plans to support unilateral sanctions against Russia.

This was told by the head of the State Committee for Control of Banking and Insurance Activities of the People's Republic of China, Guo Shuqing.
In addition, China intends to maintain normal trade, economic and financial exchanges
, "As for financial sanctions, we do not approve of them. We especially do not approve of sanctions imposed unilaterally," Guo Shuqing said.
He added that the sanctions imposed will not have a significant impact on China's economy and financial sector, as they are "extremely stable."
"As for the impact of sanctions on China's economy and finances, it does not seem so obvious at the moment, it is still necessary to observe. But in general, we believe that this will not have a big impact in the future," the head of the committee expressed confidence.
Recall that on February 24, 2022, Russian President Vladimir Putin announced a special military operation in Ukraine. After that, the United States, the EU, the United Kingdom, as well as a number of other states announced that they were imposing sanctions against Russian individuals and legal entities.
Earlier, "NIA-China" reported that China called on Russia and Ukraine to negotiate and solve the problems that have arisen. According to Chinese Foreign Minister Wang Yi, the country supports all "constructive international efforts that contribute to a political solution."