Almost all Chinese banks, even small regional ones, are refusing to accept direct transactions from Russia, business execs have told Russian media.

The impact of the West’s sanctions just seems to be getting worse and worse for Russia.

Now, 98% of Chinese banks — even small regional ones — are refusing to accept direct Chinese payment transfers from Russia, Alexey Razumovsky, the commercial director of the payments company Impaya Rus, told the pro-Kremlin media outlet Izvestia.

Such issues appear to have intensified over the past three weeks, as smaller Chinese financial companies were still processing Russian payments in May and June, Izvestia reported.

Last month, the Russian outlet Kommersant reported that about 80% of bank transfers made in the Chinese yuan were bouncing back with no explanation after being stalled for weeks while banks decided whether they could transact.

Razumovsky told Izvestia the payment challenges with Chinese banks could contribute to supply-chain difficulties and inflation in Russia.

  • @FadesEnglish
    13•4 months ago

    Yes, DO NOT GET COMFY, VOTE NO MATTER WHAT.

    Now that I got that out of the way, yes yes yes, it can always be close and I think it will be just like it was close even in 20 goddamn 20, but here’s the thing.

    Since the 2020 election:

    • january 6
    • asking for more votes than he had from governors
    • stole confidential docs, lied about it, refused to give it up, was raided and still docs are missing, nuclear secrets shared to fat fucking foreign oligarchs simply because they paid to hang out at MAL. Many of America’s informants and spies started getting captured in disturbing trends out of nowhere…
    • SA/Rape case with EJCarrol (judge officially wrote Donny was civilly liable for digital rape because she couldn’t prove it was his penis vs his finger), the multiple defamation cases that followed
    • Felony conviction for election interference
    • RICO case in Georgia for trying to steal votes
    • Killed Roe precedent
    • project 2025
    • extreme side-effects of his frontotemporal dementia impossible to ignore by even laypeople
    • He has said he will be a dictator on day 1
    • Spoke about wanting to split up NATO
    • Told Netanyahu to finish the job
    • Clearly loves Putin, Xi, Kim, Maduro, etc. (dictator fascists, what he dreams of becoming)
    • Switches views based on who is paying him (asked oil barons for a billion dollars to destroy whatever regs they wanted, Elon starts donating and Trump tells us he has to shill for EVs now, hated TikTok until Thiel (who owns stock related to TT) talked him into supporting it

    I’m happy to provide sources on any of the above points :)