Thu. May 2nd, 2024

Banks China massively blocks payments by Russian companies for electronics

Chinese  banks have started blocking payments from Russian companies for components for assembling electronics, including parts for servers, data storage systems and laptops. This was reported by the “Information Resistance” group. in its Telegram channel.

Since the end of March, Chinese partners have started sending letters to domestic electronics manufacturers informing them that payments from Russian legal entities do not go through Chinese banks.

By admin

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