A Chinese "warning shot over the bow" of the Global Economy. "Sweeping and indiscriminate sanctions would only make the people suffer. If further escalated, they could trigger serious crises in global economy and trade, finance, energy, food, and industrial and supply chains, crippling the already languishing world economy and causing irrevocable losses," the ministry quoted him as saying.
On Thursday, U.S. Secretary of State Antony Blinken said Washington was concerned China was considering directly assisting Russia with military equipment for use in Ukraine, something Beijing has denied.