“Chinese investors avoid dealing with Russian companies due to Western sanctions – ReutersChinese banks and investors are refusing to cooperate with Russian companies such as Rosatom and Gazprom due to fears of secondary
sanctions. Russia’s plans to raise financing on the Chinese bond market have proven futile.
”, — write: unn.ua
This is reported by Reuters, according to UNN.
DetailsAccording to Reuters, Russian companies’ plans to raise funds in the huge Chinese bond market for cheap financing are currently proving futile. The reason is that Chinese banks and investors are avoiding these relationships due to fears of Western sanctions.
Such Russian companies as the state nuclear corporation Rosatom and gas giant Gazprom (GAZP.MM) had hoped for the possibility of selling yuan-denominated “panda” bonds. Expectations arose immediately after Russian President Vladimir Putin’s visit to China in early September 2025.
However, Chinese bankers and investors have dismissed the short-term prospect of Russian companies issuing panda bonds.
A source directly familiar with the situation said that regulators and banks fear secondary sanctions risks.
It is worth noting that Rusal and Rosatom declined to comment.
Gazprom, which cannot raise financing in the US or Europe but has not been subject to blocking US sanctions known as the SDN list, did not respond to a request for comment.
A representative of the Chinese stock exchange told Reuters that he was not aware of any specific plans for Russian companies to issue bonds. Several Chinese bond investors said they would be cautious about buying such bonds due to geopolitical risks.
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