US Has No Immediate Plan to Sanction Chinese Banks Over Russia, Source Says
In recent weeks, U.S. officials have intensified pressure on China, warning that Washington stands ready to take action against Chinese financial institutions facilitating trade in goods that have both civilian and military applications. (Reporting by Devika Nair in Bengaluru, Ziyi Tang and Ryan Woo in Beijing; Editing by Varun H K and Gerry Doyle)