The US Treasury Department on Thursday issued guidance on its website warning that gold-related transactions involving Russia may be subjected to sanctions by US authorities. The move is aimed at stopping Russia from evading existing sanctions, the statement said.

Despite Western attempts to hold its economy back, the Asian giant is improving its balance of trade in an important economic zone China still hopes to restore ties with the United States, but relations between the two countries should be based on principles of mutual respect, peaceful coexistence, and cooperation beneficial for both sides. Such…

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