China is obligated to reconsider its unrestricted friendship with Russia.

China is losing patience with the ongoing conflict between Russia and Ukraine, which is unlikely to end in the near future . Visa and Mastercard announced that they would discontinue service in Russia as a result of the US sanctions on Russia during the Ukraine war .

Beijing, China, May 17: Despite Chinese President Xi Jinping's vehement support for President Vladimir Putin, China is now compelled to revise its so-called no-limits friendship with Russia, cutting the country's payment services, space ties, and suspending scientific cooperation in the face of Ukraine's war.Chinese authorities discussed how they could shield the country's overseas assets from US-led sanctions similar to those imposed on Russia for its invasion of Ukraine in an emergency meeting, according to The Hong Kong Post.Visa and Mastercard announced that they would discontinue service in Russia as a result of the US sanctions on Russia during the Ukraine war.In light of this, Russia's top banks had started looking at issuing cards that operate on a Chinese payment scheme.

China's decision to cooperate with the West at the cost of its relationship with Russia indicated that it was losing patience with the ongoing conflict between Russia and Ukraine, which is unlikely to end in the near future.And if it comes at the cost of the Sino-Russian relationship, Xi Jinping is ardently trying to escape the looming economic threat.The Xi Jinping administration decided to suspend UnionPay's cooperation with Russian banks and terminate space ties with Russia, knowing that the continued conflict would negatively affect its economic potential as a result of sanctions.Chinas UnionPay has refused to cooperate with Russia's largest lender Sberbank and also suspended negotiations with other banks due to fears of secondary sanctions.According to sources, the initiative to issue UnionPay cards is on hold for some time.

Chinese scientific agreements with Russia have been frozen, according to the media outlet.Our Chinese academic colleagues have also paused.Despite the fact that we have really developed a great relationship with them, we haven't been able to begin serious discussions in the last month, Sergeyev noted.