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China’s stance on Russia’s war in Ukraine unlikely to have major effect on Asia trade ties, analysts say
While China’s stance on Russia’s invasion of Ukraine remains a lightning rod for debate around the world, analysts in Asia say the region’s economic dependence on the world’s No 2 economy is too huge to crumble amid the geopolitical rifts caused by the war. The United States and European Union (EU) have called on China to condemn Moscow’s actions and Washington has warned of consequences – including sanctions – for providing material support for Russia. At a China-EU summit last week, European…