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China should prepare for potential U.S. sanctions by increasing use of its own financial messaging network for cross-border transactions in the mainland, Hong Kong and Macau, according to a report from the investment banking unit of Bank of China... ReutersChinese banks urged to switch away from SWIFT as U.S. sanctions loom
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China should prepare for potential U.S. sanctions by increasing use of its own financial messaging network for cross-border transactions in the mainland, Hong Kong and Macau, according to a report from the investment banking unit of Bank of China... ReutersChinese banks urged to switch away from SWIFT as U.S. sanctions loom
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Mike Norman considers the following as important:
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China should prepare for potential U.S. sanctions by increasing use of its own financial messaging network for cross-border transactions in the mainland, Hong Kong and Macau, according to a report from the investment banking unit of Bank of China...Reuters
Chinese banks urged to switch away from SWIFT as U.S. sanctions loom