Half of payments from Russia to China are made through intermediaries

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Half of payments from Russia to China are made through intermediaries

A force of Russian companies making payments for goods in China against the background of local banks falling under secondary sanctions created a preferential bill for intermediaries, sources told Reuters. The US Ministry of Finance predicted that it can assign sanctions to topics that facilitate transactions and initiate new operations with the Russian Federation. To avoid secondary sanctions, Chinese banks are limiting their operations with Ru…