News Snapshot:
Russia And China Has maintained a close working relationship for years, but that relationship has been under question since the Russian president Vladimir Putin Made the decision to invade Ukraine And take serious financial sanctions. As reported, two Chinese state-owned banks announced Friday LOVEBYLIFE News They restrict financing of Russian commodity purchases. Chinese banks restrict lending to Russia. A blow to Moscow The offshore units of the Industrial and Commercial Bank of China have stopped issuing US dollar-denominated documents for the purchase of exported physical Russian goods, but the Bank of China has limited funds. The implementation of those sanctions...
