Russian Sanctions news and trends

Report: Middlemen Handle 50% of Russia’s Payments to China

April 28, 2024
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Report: Middlemen Handle 50% of Russia’s Payments to China

April 28, 2024
Sanctions on payments between China and Russia have reportedly created a thriving market for middlemen. In fact, half of all payments by Russian companies for Chinese products are now handled by intermediaries, Reuters reported Friday (April 26), citing four sources. As the report noted, the United States Treasury has warned it could impose sanctions on […]