Article #44125
South China Morning Post - World News
| Title | Do China-Russia trade payment frictions show limits of de-dollarisation? | Source | South China Morning Post - World News |
| Description | China and Russia have largely moved away from the US dollar in bilateral trade settlement, with most transactions now settled in their own currencies. Yet cross-border payment bottlenecks persist as Chinese banks carefully manage their exposure to Washington’s sanctions regime, according to a senior Russian banker. At the heart of the friction is a stark balancing act facing Chinese lenders: how to ease trade with Russia while safeguarding access to the US dollar-based global financial system –... | ||
| Link | https://www.scmp.com/economy/global-economy/article/3356137/do-china-russia-trade-payment-frictions-show-limits-de-dollarisation?utm_source=rss_feed | Published At | 2026-06-05 09:15:05 (2 months ago) |
| Created At | 2026-06-05 09:16:16 | Updated At | 2026-06-05 09:16:16 |