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Published 18:43 IST, July 25th 2024

Russia, China turn to digital payments as sanctions hamper bilateral trade settlements

The dwindling pool of banks in China willing to risk possible sanctions retribution has caused payment bottlenecks.

Reported by: Thomson Reuters
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US to impose sanctions on banks of China
US to impose sanctions on banks of China | Image: Freepik
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18:43 IST, July 25th 2024