RUSSIA / CHINA FRICTIONS
Russian companies are facing increasing delays and rising costs on payments with trading partners in China. Because of this, transactions worth tens of billions of yuan are in limbo.
Russian officials say this comes after Chinese banks stepped up enforcement after Western threats to impose secondary sanctions for cooperating with Russia.
Chinese state banks are massively halting transactions with the Russian Federation
#AureFreePress #News #press #Russia #China
You must log in or register to comment.