Russia's Foreign Ministry spokeswoman Zakharova said on Wednesday that factories in Europe producing weapons for Ukraine are legitimate military targets, alleging European states that supply military support have effectively entered the conflict and that such assistance is delaying its resolution. Her comments were aimed at reports that Poland was prepared to host a plant manufacturing Patriot interceptors for Ukraine.

China Vanke's A- and H-shares both fell; Vanke A hit the daily down-limit and Vanke Enterprises (02202.HK) fell 9.6%.

French and German officials are drafting a joint paper urging the European Commission to strengthen trade and economic security tools. The China Chamber of Commerce for Import & Export of Machinery and Electronic Products said it is highly concerned, noting a wave of restrictive legislative and administrative measures at EU and member-state levels and a clear tilt toward trade protectionism. The chamber warned such trade and investment restrictions would not improve EU competitiveness, would disrupt mutual cooperation and supply chains, and would harm EU industry and consumers, and it voiced full support for MOFCOM’s firm stance defending China’s trade interests.