• China is not openly indicating any intention to circumvent Russia sanctions but the US is watching that closely
  • US has been clear about consequences to China of any effort to circumvent sanctions
  • US remains hopeful that will have alignment with India on actions against Russia
  • To impose full blocking sanctions on Sberbank and Alfa Bank
  • Biden to sign executive order banning new investment in Russia
  • More actions will come from EU that will degrade Russia's status as a leading energy supplier

The comments were carried by Reuters. All eyes are on China's next move. They recently said their friendship with Russia was 'without limits'.