Western Sanctions Begin to Strangle, 98% of Chinese Banks Reject Russian Payments
loading… Western sanctions are increasingly strangling Russia’s foreign trade payment transaction process. PHOTO/Illustration JAKARTA – The impact of Western sanctions seems to be getting worse for Russia. Reportedly, 98% of Chinese banks, including small regional banks, have refused to accept direct Chinese payment transfers from Russia. This was told by Alexey Razumovsky, commercial director of … Read more
