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Core Points - The European Union (EU) has expanded its sanctions against Russia to include Chinese companies, marking a significant escalation in the scope and depth of the sanctions [1][3][8] - The sanctions target not only Russian entities but also companies from China and India, accusing them of helping Russia evade existing sanctions [3][5][9] Group 1: Sanction Details - The EU's latest sanctions list includes two Chinese independent refineries, one trading company, and one entity accused of circumventing Western restrictions, along with additional companies from India and other regions [5][6] - The sanctions are aimed at companies suspected of indirectly supplying Russia with drone components, advanced materials, and financial channels, which may be used in the Ukraine conflict [6][8] Group 2: Strategic Shift - The EU's approach has shifted from direct attacks on Russia to a systematic blockade of its supply chains, with Chinese companies now at the center of this strategy [11][20] - The EU plans to completely halt imports of Russian liquefied natural gas (LNG) by the end of 2026, a year earlier than previously scheduled, which will significantly impact Russia's revenue [13][14] Group 3: Impact on Chinese Companies - Being listed in the sanctions means affected Chinese companies will be unable to use the EU financial system, potentially leading to significant financial losses [22][24] - The sanctions raise the "credit cost" for Chinese companies in global markets, as any past dealings with Russia may lead to increased scrutiny and risk labeling [24][28] Group 4: Broader Implications - The sanctions are part of a coordinated effort by the US and EU to monitor and prevent sanction evasion globally, indicating a more aggressive stance towards any entities that may assist Russia [26][28] - The involvement of Chinese companies in the sanctions reflects a broader geopolitical strategy, as the US and EU aim to limit Russia's operational capabilities without allowing it to recover economically [28]