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2024

Economic Battle Lines: G7 Targets Small Chinese Banks Over Russia Ties

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In a significant development, G7 nations have issued a stern warning to smaller Chinese banks. These banks are under scrutiny for allegedly helping Russia dodge international sanctions. The G7’s unusual public reprimand underscores the growing geopolitical strain as world powers confront China and Russia’s contentious economic maneuvers. Historically, larger Chinese financial institutions limited their dealings […]