China

China buys stolen Ukrainian copper from Russia

Chinese firm Quzhou Nova has purchased at least 3,220 tonnes of copper alloy ingots worth $7.4 million from the Debaltseve plant.

A Chinese company has purchased at least $7.4 million worth of copper alloy ingots from a plant in the Russian-occupied region of Ukraine subject to Western sanctions.
The customs information, obtained from one commercial trade data provider and verified with two others, provides some of the first evidence of Chinese trade with Russia-occupied regions of Ukraine since the start of the war on 24 February 2022.

According to the data, the Chinese firm Quzhou Nova purchased at least 3,220 tonnes of copper alloy ingots worth a total of $7.4 million from the Debaltseve Metallurgical Engineering Plant between 8 October 2022 and 24 March 2023.
The plant is located in Donetsk Oblast in eastern Ukraine, near the border with Luhansk Oblast. Quzhou Nova, a trading and manufacturing company based in Quzhou in the eastern province of Zhejiang, told Reuters that it has no import or export operations related to the trade in copper bullion.

As noted, China has not imposed any restrictions on trade with Russia, but the United States has threatened to blacklist companies around the world for violating its sanctions and warned Beijing against supplying Moscow with goods prohibited by US export regulations.

As a reminder, China has officially denied supplying arms to Russia. Earlier, the media reported that leaked Pentagon documents stated that at the beginning of the year, China decided to supply lethal weapons to Russia. Beijing planned to disguise military equipment for Russia as civilian items. But so far, the US sees no signs of such assistance being provided.

Past team authors

Recent Posts

Moscow Hid The Tuapse Disaster From Russian Citizens While Bots Praised The Air Defence That Failed

When Ukrainian drones struck a Tuapse oil refinery three times in two weeks, the Kremlin…

2 days ago

How Russia Turned The Trump Assassination Attempt Into An Anti-Ukraine Disinformation Campaign

Russia's Matryoshka disinformation network moved within hours of the April 25 White House Correspondents' Dinner…

2 days ago

European Parliament Votes In Favour Of Special Tribunal To Prosecute Putin For Aggression Against Ukraine

MEPs voted 446 to 63 on Thursday to demand the swift establishment of a special…

2 days ago

Moldova’s Intelligence Officers Freed From Russian Captivity Return Home In Prisoner Exchange

Two SIS officers held in Russia were released on 28 April as part of a…

2 days ago

Former UK Attorney General Provided Legal Services To Company Owned By Sanctioned Russian Oligarchs

Geoffrey Cox, who served as Attorney General under both Theresa May and Boris Johnson, was…

2 days ago

European Parliament Backs Freeze on EU Funds for Slovakia Over Fico’s Governance

The European Parliament voted 418 to 207 on Wednesday to freeze EU funds for Slovakia…

2 days ago