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[Cyprus Times] War in Ukraine: China warns of global economic disaster

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"It may take years or even decades for the global economy to recover from the consequences of the Russia-Ukraine war."

Chinese leaders have rebuffed pressure from the EU to take an anti-Russian stance on the war in Ukraine, insisting that cooperation between Beijing and Brussels is needed to prevent long-term damage to the global economy.

Speaking via teleconference Friday at a summit with EU leaders, President Xi Jinping reportedly said it could take years or even decades for the global economy to recover from the effects of the Russia-Ukraine war.

EU message to China: Help end war in Ukraine

On Friday, top EU officials warned China's leadership at a bilateral summit held via teleconference not to help Russia wage war in Ukraine or circumvent Western sanctions, European Commission President Ursula von der Leyen said.[/P]

"It would lead to great damage to China's reputation here in Europe," the commission president said after video talks with Chinese President Xi Jinping.

The EU and China agreed that this war threatens global security and the global economy, European Council President Charles Michel said.

We called on China to help end the war, Charles Michel noted, stressing that any attempt to circumvent sanctions prolongs the war.

We had a frank exchange of views, said Ursula von der Leyen, referring to the EU-China teleconference. She underlined that "this is a defining moment not only for our continent but for the whole world." She referred to a humanitarian disaster in Ukraine) which "was created by choice."

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If China does not support Ukraine, at least it should not interfere with sanctions, the Commission President noted.

She also called Russia's measures against Lithuania unjustified,

Source: in.gr


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