China targets 2 Lithuanian banks as EU relations sour over Ukraine
Brussels earlier imposed curbs on two Chinese lenders over trade with Russia
Brussels earlier imposed curbs on two Chinese lenders over trade with Russia

Proposed sanctions would be the first time Brussels has moved against third-country lenders supporting Moscow

Discussions come after Trump administration signals willingness to go after Moscow’s revenues

Talks to lay groundwork for leaders’ summit in Beijing next month derailed by escalating tensions

Taipei blacklisting of leading Chinese tech groups including Huawei and SMIC comes as US weighs additional restrictions

Anti-dumping levies come after Brussels raised tariffs on Chinese electric vehicle imports

Beijing seeks to bolster revenues to compensate for slowing economic growth