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VisitHow many smaller Chinese banks will cut ties with Russia following G7 warning by December 31, 2024?
None • 25%
1-2 banks • 25%
3-4 banks • 25%
5 or more banks • 25%
Official statements from the banks, verified news sources
Exclusive: G7 to Warn Smaller Chinese Banks to Stop Assisting Russia
Jun 9, 2024, 10:02 PM
The Group of Seven (G7) nations are planning to issue an exclusive warning to smaller Chinese banks regarding their ties with Russia, according to sources. The warning aims to address concerns that these banks are assisting Russia in evading Western sanctions. This move is part of the broader efforts by the G7 to enforce sanctions imposed on Russia due to its geopolitical actions.
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