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A reported $300 billion in Moscow’s forex reserves have been seized as part of Ukraine-related sanctions Moscow will respond with similar measures if Western countries use revenues generated from frozen Russian assets, Finance Minister Anton Siluanov warned on Tuesday in an interview with Asharq TV.

Liu Liange’s reported detention comes as part of widespread anti-corruption efforts in Beijing Liu Liange, the former chairman of the state-owned Bank of China, has been arrested on suspicion of bribery and issuing illegal loans, the Xinhua news agency reported on Monday.