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Nah, only small businesses are affected. Big trades always have other channels.The new US financial sanctions package on China brings China exports to Russia to standstill.
The russians run out of yuan. Chinese banks refuse yuan transactions with russian customers. Chinese banks send back the money to Russia even when Chinese products have arrived Russia. That’s pretty a lose lose business for China.
Sanktionen: Chinas Banken senden Zahlungen an Russland zurück
Die USA haben vor kurzem neue Beschränkungen für 400 Unternehmen verhängt, die Russlands Krieg in der Ukraine unterstützen.www.businessinsider.de