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CIPS

China’s interbank system promoted as safeguard against Swift consequences

by Walter Watson
China’s interbank system promoted as safeguard against Swift consequences

China should promote its indigenous cross-border interbank system to reduce risks to its financial security, a senior researcher for a state-owned bank has said, as the drawbacks of a US-centred …

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Xi and Putin pledge to develop even closer China-Russia ties in energy and finance

by Walter Watson
Xi and Putin pledge to develop even closer China-Russia ties in energy and finance

China and Russia vowed on Thursday to build even closer ties in their energy and finance sectors and extract more benefits from their partnership in other areas, underscoring their mutual …

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