๐จ๐ณ๐ท๐บ As China's big banks pull back from financing Russia-related transactions, some Chinese companies are turning to small banks on the border and underground financing channels such as money brokers - even banned #cryptocurrency - the sources told Reuters.
Others have retreated entirely from the Russian market, the sources said.
https://www.reuters.com/business/finance/china-firms-go-underground-russia-payments-banks-pull-back-2024-04-28/
#china #russia #banking #crypto