Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > China rejects calling Russia move ‘invasion,’ urges citizens in Ukraine to stay home
    Top Stories

    China rejects calling Russia move ‘invasion,’ urges citizens in Ukraine to stay home

    China rejects calling Russia move ‘invasion,’ urges citizens in Ukraine to stay home

    Published by Wanda Rich

    Posted on February 24, 2022

    Featured image for article about Top Stories

    By Martin Quin Pollard and Ryan Woo

    BEIJING (Reuters) -China rejected calling Russia’s moves on Ukraine an “invasion” and urged all sides to exercise restraint on Thursday, even as it advised its citizens there to stay home.

    Ukrainian forces battled Russian invaders on three sides on Thursday after Moscow mounted an assault on Ukraine by land, sea and air in the biggest attack on a European state since World War Two.

    “China is closely monitoring the latest situation. We call on all sides to exercise restraint to prevent the situation from getting out of control,” China’s foreign ministry spokesperson Hua Chunying said.

    At a packed daily media briefing in Beijing, Hua bridled at journalists’ characterisation of Russia’s actions.

    “This is perhaps a difference between China and you Westerners. We won’t go rushing to a conclusion,” she said.

    “Regarding the definition of an invasion, I think we should go back to how to view the current situation in Ukraine. The Ukrainian issue has other very complicated historical background that has continued to today. It may not be what everyone wants to see.”

    The ministry said later that senior diplomat Wang Yi, also China’s foreign minister, had spoken with his Russian counterpart, Sergei Lavrov.

    Wang said that the Ukraine issue had a “complex” history and reiterated that China understands what it called Russia’s “legitimate concerns” on security, China’s foreign ministry said.

    Russia’s attack comes weeks after Russian President Vladimir Putin met with Chinese leader Xi Jinping, just before the Winter Olympics in Beijing that ended on Sunday. The two sides announced a strategic partnership aimed at countering U.S. influence and said they would have “no ‘forbidden’ areas of cooperation”.

    Xi and Putin have developed a close partnership over the years, but Russia’s actions in Ukraine put China, which has an oft-stated foreign policy principle of non-interference, in an awkward position, experts say.

    ‘FANNING THE FLAME’

    Asked if Putin had told China he was planning to invade Ukraine, Hua said Russia, as an independent power, did not need to seek the consent of China.

    “It independently decides and implements its own diplomacy and strategy according to its own strategic judgment and interests,” she said.

    “And I would also like to add that every time the heads of state meet, they will of course exchange views on issues of common concern.”

    China has been expected to back Russia diplomatically and perhaps economically over Ukraine, but not militarily. Hua, in response to a question, said China had not provided Russia with any military support.

    On Wednesday, a U.S. State Department spokesman accused China and Russia of working together to create a new “profoundly illiberal” world order, of which Moscow’s actions towards Ukraine were just a part.

    U.S. President Joe Biden has vowed “severe sanctions” in response to Russia’s attack, and said he would meet with other Group of Seven leaders to discuss the matter.

    Washington has warned Chinese firms they would face consequences if they sought to evade export controls imposed on Moscow.

    A senior official in the Biden administration told reporters on Thursday China had gone close to endorsing Russia’s actions and many countries would be watching how Beijing votes when the a U.N. Security Council considers a resolution on the issue on Friday.

    The official said Russia’s actions “carry risks for China along with everyone else” and added: “It’s not in China’s interest to endorse a devastating conflict in Europe and defy the principles of sovereignty and territorial integrity it claims to hold dear.”

    Hua called on Europe to reflect on how it can better protect its peace and accused some countries of “following the U.S. in fanning the flame.”

    “We object to any action that hypes up war,” she said, and added in reference to Europe: “At the current stage, we should consider whether we’ve done enough in mediation.”

    China’s embassy in Kyiv warned that the situation in Ukraine had deteriorated sharply and security risks had risen, with social order potentially descending into chaos.

    “The Chinese flag can be affixed to an obvious place on the body of the vehicle,” the embassy said in advice to any nationals who decide to venture out.

    China has so far stopped short of telling its 6,000 citizens in Ukraine to consider leaving. An embassy security advisory earlier this week warned them to stock up on necessities.

    (Reporting by Ryan Woo and Martin Quin Pollard in Beijing; Additional reporting by Tony Munroe and by Humeyra Pamuk and David Brunnstrom in Washington; Editing by Nick Macfie and Rosalba O’Brien)

    Related Posts
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Top Stories

    Explore more articles in the Top Stories category

    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference

    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    View All Top Stories Posts
    Previous Top Stories PostGlobal finance grapples with Ukraine crisis as shares slump
    Next Top Stories PostFactbox-‘Londongrad’ takes a hit as Britain slaps tougher sanctions on Russia