Chinese banks tighten financial noose around Russia https://t.co/I5M07ZSG5m https://t.co/JxZiQvGOCe
And yet, the Biden administration isn't much different on trade than the Trump administration:-( https://t.co/R5N2SPXvPK
The U.S. May Have Just Scored A Win Against China In The Battle Over A Key Mineral https://t.co/SRHDy1gnhN


The Kremlin has publicly criticized Western nations for exerting 'pressure' on Chinese banks, leading to some of these institutions refusing to accept payments from Russia. This situation has been described as unprecedented pressure from the US and EU on Beijing, aiming to toughen its stance against Moscow. The refusal of Chinese banks to process Russian payments marks a significant tightening of financial restrictions on Russia, amidst ongoing geopolitical tensions.