EU Targets Chinese Companies Accused of Helping Russia Evade Sanctions

EU proposes new sanctions against Moscow for the war against Ukraine
Proposal focuses on combating circumvention of existing trade restrictions through third countries
Seven companies in China would be subject to an asset freeze in the EU
The bloc would introduce a new mechanism to cut its exports to third countries seen as involved in bypassing Russia sanctions
The EU's increasing readiness to target third countries and foreign entities with its sanctions is highlighted