“The strengthening of US financial sanctions, which at the end of 2024 was Gazprombank, and in 2025 – dozens of intermediaries that supplied the goods bypassing restrictions – caused a new wave of problems in calculations with China.”, – WRITE: epravda.com.ua
The strengthening of US financial sanctions, which at the end of 2024 was Gazprombank, and in 2025 – dozens of intermediaries that supplied the goods bypassing restrictions – caused a new wave of problems in calculations with China. About it writes The Moscow Times with reference to Bloomberg. Cross-border payments, in particular in Yuan, are hampered by Chinese banks, told top managers of two Russian exporters of raw materials. According to the sources of the agency, the credit institutions of the PRC are concerned about the recent actions of the administration of Joe Baiden, and require more time for the analysis of transactions. Advertising: In addition to financial sanctions, under which 50 Russian banks were hit, the US Ministry of Finance has introduced in “black lists” about 100 companies , in particular, Chinese, who have been accused of violating restrictive measures against Russia. In addition, Kirgiz Kergiz Kergis Bank came under blocking sanctions, which, according to US data, made currency payments for the PSB – a support bank of the Russian “defense”. The strengthening of Western sanctions led to the fall of Russian exports at the end of 2024. For October -December, the economy earned $ 99.6 billion for exporting goods abroad – by 7% less than in the fourth quarter of last year. Advertising: in December exports reached 19% in annual terms (up to $ 31.3 billion), and surplus The trade balance has tightened up to $ 5.6 billion – the lowest value since 2020. Recall: China and India stopped trade in Russian oil, as US sanctions have caused a sharp increase in tariffs for tanker freight transportation.