Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
CN MoFA Not Understand News that CN Banks Restrict Trading Involving Russia
Recommend 20 Positive 48 Negative 32 |
||||
|
||||
|
Large Chinese banks are restricting payment services related to transactions with Russia amid the possibility of US sanctions, according to Reuters. Some Chinese enterprises are turning to small banks on the border and underground financing channels such as money brokers, and even using banned cryptocurrencies. A spokesman for Ministry of Foreign Affairs of the PRC (MoFA) said that the authority is not aware of the reported issued in arranging payments or settlements through major Chinese banks, and will refer the issue to the relevant authorities. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
