EU mulls sanctions reprieve for Chinese fabric-maker accused of aiding Russia

What happened: EU diplomats were pressed this week to lift sanctions on Yusha Group, a Chinese textiles manufacturer accused of selling sensitive European technology to Russian buyers. Beijing pledged the company would stop shipping banned items to Russian military-linked buyers. Why it matters: In exchange, Beijing would also remove German company Sindlhauser Materials from its own export controls list, an unusual quid pro quo described by sources familiar with the affair.

EU diplomats were pressed this week to lift sanctions on Yusha Group, a Chinese textiles manufacturer accused of selling sensitive European technology to Russian buyers. Beijing pledged the company would stop shipping banned items to Russian military-linked buyers.

In exchange, Beijing would also remove German company Sindlhauser Materials from its own export controls list, an unusual quid pro quo described by sources familiar with the affair.