U.S. and Chinese security officials hold seven-hour talks in Rome regarding the invasion of Ukraine but differing accounts of the meeting emerge. U.S. Deputy Treasury Secretary Wally Adeyemo tells CNBC there will be no let-up in sanctions pressure on Moscow. In Brussels, EU finance ministers agree to a fourth package of sanctions measures against Russia, including the removal of WTO ‘favoured nation’ status. We hear from German finance minister Christian Lindner who says Europe must be wary of risks to its own economy resulting from the conflict. Chinese tech stocks sell off for a second day after posting their worst session since 2008 amid a new Covid outbreak in several regions. However, retail sales and industrial output data help to beat expectations for January and February.  

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