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Cross-Border Interbank Payment System

China’s exporters, eager for Russia foothold, tread lightly to avoid financial bear trap

by Walter Watson
China’s exporters, eager for Russia foothold, tread lightly to avoid financial bear trap

Yan had hoped that his company could open an account at Chinese banks near the country’s northeast border with Russia. Those smaller banks, unlike the state-owned behemoths, seemed more willing …

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China should bail on US bonds even faster, scholar says, as bilateral tensions and anxieties mount

by Anas Siddiqui
China should bail on US bonds even faster, scholar says, as bilateral tensions and anxieties mount

China’s investment in US government bonds is fraught with risks, tepid returns and other vulnerabilities – all of which should motivate Beijing to unwind its holdings further and avoid being …

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US sanction threats against Chinese banks over Russia trade ties risk ‘gargantuan’ financial instability

by Walter Watson
US sanction threats against Chinese banks over Russia trade ties risk ‘gargantuan’ financial instability

But any financial sanctions against China as a major trading partner with much of the world would set back transactions in Europe and the US, where merchants conduct brisk business …

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