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Chinese Ministry of Foreign Affairs building in BeijingBEIJING, Mar 25 China and India are seriously concerned about the impact Chinese Foreign Minister Wang Yi held talks with his Indian counterpart Subramanyam Jaishankar on Friday. «(The parties) are seriously concerned about the impact of unilateral sanctions on the global economy and supply chain security,» the Chinese Foreign Ministry said in a statement on its official website. The Chinese Foreign Minister arrived in Delhi the night before. His trip to India was the first visit by a high-ranking Chinese official to a neighboring country after a series of conflicts between the military of the two countries in 2020. Western countries have imposed new anti-Russian sanctions, including against Russian banks and enterprises, over Ukraine. A number of companies announced their withdrawal from the Russian market and the closure of production facilities in the Russian Federation. Russian Foreign Minister Sergei Lavrov noted that Western companies that refuse to work with Russia did so under enormous pressure, but Russia will solve all the problems with the economy that the West creates for it. Later, Russian President Vladimir Putin said that the policy of containing and weakening Russia is a long-term strategy for the West, and sanctions have dealt a serious blow to the entire global economy. According to him, the main goal of the West is to worsen the lives of millions of people. Putin also said that the United States and the European Union had effectively defaulted on their obligations to Russia, freezing its foreign exchange reserves. He added that the current events draw a line under the global dominance of the West in both politics and economics. economy