00:00It's Benzinga bringing Wall Street to Main Street.
00:02The US has imposed sanctions on two Chinese drone suppliers and their Russian partners
00:06for supplying complete weapons systems to Moscow.
00:09This marks the first time Chinese companies were penalized for arms-related involvement
00:13in Russia's war against Ukraine.
00:16The Treasury Department accused the companies of producing and shipping long-range drones
00:20used by Russia in the conflict.
00:22China denied the accusations, asserting that it manages military exports responsibly.
00:27For all things money, visit Benzinga.com slash GSTV.
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