US Treasury Secretary Janet Yellen has threatened China with "significant consequences" if the PRC provides material support to Russia in the conflict in Ukraine. She made the remarks on Monday during a virtual meeting with Chinese Vice Premier He Lifeng.
„She stressed the significant consequences that companies located in China would face if they provided material support to Russia“, the US Treasury Department said in a statement after the meeting.
„Secretary Yellen expressed serious concerns about the malicious activity of Chinese government-sponsored entities in cyberspace and its impact on bilateral relations“, the statement said.
In addition, the head of the US Treasury Department expressed his concern to the Chinese vice premier about China's "anti-market practices" that are harming American companies.