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Chinese Bank Deals New Blow to Putin s Wartime Economy

Major Chinese Bank Halts All Settlements With Russia

A key Chinese bank used by Russian importers has stopped all settlements with Russia, setting the stage for a “logistics collapse” in the coming weeks, the…

Chinese banks are getting cold feet dealing with Russia

Major Chinese Bank Halts All Settlements With Russia – Vedomosti

A key Chinese bank used by Russian importers has stopped all settlements with Russia, setting the stage for a “logistics collapse” in the coming weeks, the business daily Vedomosti reported Wednesday, citing anonymous businesspeople and financial consultants familiar with the matter.

Key Chinese settlement bank for Russian importers suspends operations with Russia and Belarus — Meduza

China’s Chouzhou Commercial Bank has notified its clients that it is suspending operations with Russia, the Russian business daily Vedomosti reported on Wednesday, citing financial consultants and businessmen who work with the bank.

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