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HighDefinist on 04.09.2024 6:18 PM > around 98% of Chinese banks are refusing payment transfers from Russia, both in the Chinese yuan and the Russian Ruble, due to the fear of US’ secondary sanctions targeting financial institutions that were helping Russia. Yeah, not surprising. The sanctions are working.
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> around 98% of Chinese banks are refusing payment transfers from Russia, both in the Chinese yuan and the Russian Ruble, due to the fear of US’ secondary sanctions targeting financial institutions that were helping Russia.
Yeah, not surprising.
The sanctions are working.