Yellen, consequences if Chinese companies help Russia - Breaking news. US Treasury Secretary Janet Yellen warned of "significant consequences" If Chinese companies helped Russia, whose invasion of Ukraine launched in February 2022 was not condemned by Beijing.

“Secretary Yellen emphasized that companies, including those from the People's Republic, must not provide material support for Russia's war on Ukraine,” the Treasury Department reported at the end of the talks between Yellen and Deputy Prime Minister HeLifeng.