Tensions rise as a Chinese bank's decision to halt dealings with Russian exporters puts pressure on Moscow's primary economic lifeline amid growing isolation

Last week, the Zhejiang Chouzhou Commercial Bank suspended all transactions for clients from Russia and Belarus, raising concerns about the potential impact on Russian exporters. The move may have been influenced by recent expansions of U.S. financial controls and the risk of secondary sanctions.

While the Chinese Foreign Ministry has not commented on the issue, Russian officials express confidence in resolving the matter with Beijing.

  • awwwyissss@lemm.ee
    1·
    9 months ago

    create a buffer zone to avoid NATO controlling nearly all of the northern hemisphere of the globe.

    NATO is a defensive alliance that has brought many decades of peace to large parts of the world. Countries can leave any time they want and voluntarily apply for membership. They don’t “control” member states.