(Beijing Comprehensive News) Because of concern that the United States may impose financial sanctions, large banks in China have reportedly strengthened their review of transactions between China and Russia, and withdrew from Russia -related transactions.Some small exporters in China have to settle in small banks and underground financing channels on the border.
Reuters on Monday (April 29) reported that since the outbreak of the Russian and Ukraine War, the United States has imposed a series of sanctions on Russia and Russia.Non -military trade has become tricky.
Sources said that some Chinese companies are now turning to small border banks and underground financing channels, such as currency brokers, and even cryptocurrencies banned by China.Some companies have completely withdrawn from the Russian market because they cannot conduct business through official financial channels.
The founder of Wang's surname of an electrical manufacturer in Guangdong Province bluntly stated that "it is impossible to carry out business normally through official channels." Because the current large banks need a few months to settle payment from Russia, forcing him to pay through unofficial payment through unofficial paymentChannel settlement, or shrinking business.
A manager of a Guangdong -listed electronics company said that since the beginning of March, almost all major Chinese banks have suspended settlement with Russia.
One of the four major state -owned banks in China said that its banks have strengthened the review of Russia -related businesses to avoid the risk of sanctions. "The main reason is to avoid unnecessary trouble."
Some rural banks along the Russian border in Northeast China are still available, but some merchants say they have queued for several months for account opening.
The person in charge of a trading agency predicts that more and more transactions between China and Russia will be carried out through high -risk underground channels.
Facing Reuters' inquiries about the difficulties encountered in the payment of payment through the main banks of China, and the practice of their settlement issues, a spokesman for the Chinese Ministry of Foreign Affairs responded that it was unclear about the relevant situation and asked reporters to go to go to go to go to go."Relevant departments understand".However, the People's Bank of China and the State Administration of Finance and Administration of China did not respond to Reuters' inquiries.
The Wall Street Journal quoted people familiar with the matter on the 22nd of this month that the United States was draft sanctions and threatened to exclude some Chinese banks outside the global financial system.Reuters later quoted anonymous US officials that the United States has initially discussed plans to implement sanctions on some Chinese banks, but has not yet formulated plans to implement such measures.
A spokesman for the US State Department said in response to the related issues of Reuters' bank restrictions on Chinese banks that China ’s support for Russia’ s defense industry not only threatened the security of Ukraine, but also threatened European security.
The Ministry of Foreign Affairs of China stated on the 26th that "normal economic and trade exchanges between China and Russia are in line with the rules of the WTO and market principles.Legal rights and interests.
