The Kremlin declined to comment on a Bloomberg report on Tuesday that Chinese state-owned banks are tightening restrictions on funding for Russian clients due to concerns over U.S. secondary sanctions, describing the matter as highly sensitive.
When asked about the report, Kremlin spokesman Dmitry Peskov stated that the issue was a concern for the relevant companies and departments, not the Kremlin itself.
“This is a very, very sensitive area, and it is unlikely that anyone will undertake to discuss it. You shouldn’t expect that,” Peskov said.
He emphasized the continued development of relations with China, calling it a very important strategic partner. Peskov highlighted that this relationship is evident in the higher-than-expected volume of bilateral trade, noting, “We have confidently surpassed $200 billion and continue to grow.”