WASHINGTON Feb 27The U.S. believes that China will not help Russia deal with Western sanctions pressure, a senior U.S. administration official said. banks in issuing loans for the purchase of energy resources from Russia,» he said during a telephone briefing.White House: West is working on a «modality» of sanctions against the Russian Central Bank on the recognition of the sovereignty of the Donetsk and Luhansk People's Republics, and on February 24, Russia launched a special military operation to demilitarize Ukraine. In response, Western countries began a new round of the sanctions spiral, which has been unwinding since 2014. Several of the largest Russian banks, including Sberbank and VTB, fell under the new restrictions. A number of state-owned companies found it difficult to attract foreign capital. Sanctions have been imposed on the supply of high-tech products to Russia. Germany has stopped certification of the Nord Stream 2 gas pipeline. Britain closed flights for Aeroflot. The Russian authorities said they had prepared a contingency plan in advance in case of a new wave of sanctions and would provide any necessary support to businesses that fell under the restrictions, ensuring the smooth operation of the economy. The Russian authorities are also working on retaliatory measures, but the details are not yet known. Among the response measures taken to date is the ban on overflights by British airlines over Russia.
