I Have Not Been Able to Implementdevelop a

[sadiksojib35]

On the topic. In 2024, white delivery volumes from China will exceed cargo: digital ruble, "Honest Sign" and five more prerequisites There are at least two problems in this text for the American side: Firstly, if the transaction does not include the presence of a Russian company associated with the military-industrial complex, or the contract specification usa telegram number database does not include a product included in one of the eight points indicated at the beginning of the article, then there is no obvious violation.

That is, from the formal side, there are no risks for financial institutions providing transactions not related to sanctioned goods. Secondly, how exactly do the Americans plan to verify the implementation of this decree and gain access to information from Chinese banks? In 2023, China adopted a new law on countering espionage.

Because of it, the country closed access even to the registries of registration information of Chinese companies for foreigners. So will it really start revealing banking secrets to its main potential adversary, who, moreover, constantly aggravates their relations? I am sure that it will not. However, one should not delude oneself either.

The Chinese are never in a hurry. At the very end of January, the Chinese regulator was already puzzled by the analysis of the problem and issued some explanations for financial institutions, which are now being actively studied. I think the key conclusions on them will be made only at the beginning of March.

Most likely, there will be more difficulties. It is also possible that state banks and the largest private banks of China will really stop Russia-China transactions. But a way out will be found, because in addition to the purely economic factor, there is also a political one.

The Chinese government will not allow itself to clearly bend to the US. Especially in such an important sector as the financial one. To summarize all of the above, I suggest recalling Chinese stratagem #7: “to extract something from nothing.” Russia and China are partners, and not only economic ones.