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The Kremlin has declined to comment on a Bloomberg report that Chinese state-owned banks are tightening curbs on funding to Russian clients for fear of US secondary sanctions, describing it as a highly sensitive topic.

Asked about the report, the spokesperson, Dmitry Peskov, said it was a matter for the companies and departments involved, and not for the Kremlin, Reuters reports.

This is a very, very sensitive area and it is unlikely that anyone will undertake to talk about it - you shouldn't expect that.

We continue to develop relations with China; it's our very important strategic partner.