Beijing authorities will impose countermeasures against two financial institutions from the European Union (EU), in retaliation for the sanctions recently established by the community bloc against two Chinese banks, Reuters reports. Thus, UAB Urbo Bankas and AB Mano Bankas will no longer be able to carry out transactions and work with organizations and individuals from China, according to a statement from the Ministry of Commerce in Beijing. Both banks are based in Lithuania, which, since 2021,