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China firms go ‘underground’ on Russia payments as banks pull back

  • The US has imposed an array of sanctions on Russia and Russian entities since the country invaded Ukraine in 2022
  • Now the threat of extending these to banks in China is chilling the finance that lubricates trade from China to Russia
  • Nearly all major Chinese banks have suspended settlements from Russia since the beginning of March, said a manager at a listed electronics company in Guangdong
By Reuters ·

US announces $6 billion in security aid for Ukraine

By AFP ·

Ukraine pulls US-provided Abrams tanks from the front lines over Russian drone threats

By AP ·

Long-awaited US military aid no ‘silver bullet’ for Ukraine

By AFP ·

Ukrainian and Western leaders laud US aid package while the Kremlin warns of ‘further ruin’

By AP ·
Update

The House passes billions in aid for Ukraine and Israel after months of struggle

By AP ·

Ukraine seeks urgent G7, NATO help for battered air defenses

By Reuters ·

Ukraine, Israel aid package gains Biden’s support as US House Speaker Johnson fights to keep his job

By AP ·

Uncertainty surrounds US Republicans’ plan for separate Ukraine, Israel aid bills

By Reuters ·

Moscow wants aborted peace deal as basis for new Ukraine talks

By Reuters ·

IAEA warns that attacks on Ukraine plant mark new risks in war

By AFP ·

US warns it will hold China accountable if Russia makes gains in Ukraine

By AFP ·

US to sell to Ukraine $138 million in HAWK air defense upgrades

By Reuters ·

Ministers to mark 75 years of NATO, discuss more support for Ukraine

By Reuters ·

France to provide armored vehicles, missiles in new aid package to Ukraine

By AFP ·

Zelensky says without US aid, Ukraine forces will have to retreat

By Reuters ·

Ukraine’s football victory provides welcome distraction from tragedy of war

By AP ·

Ukraine, Georgia and Poland are going to Euro 2024 after late drama in qualifying playoffs

By AP ·

Russia attacks Ukrainian gas storage site; Ukraine ramps up power imports

By Reuters ·

Kremlin: Russia in a ‘state of war’ in Ukraine

By AFP ·

EU states tell bloc’s bank to lend more for defense

By AFP ·

IMF board okays $880 million loan payment for Ukraine, sees war winding down in ‘24

By Reuters ·

Russia jobs scam traps Indians on Ukraine war frontlines

By Thomson Reuters Foundation ·

A Russia-NATO conflict is just one step from WW3, Putin warns the West

By Reuters ·

Mass evacuation in Ukraine’s north amid intense Russian bombardment

By Reuters ·

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