Reported about 1 year ago
The G7 is planning to hold a summit on June 13 to discuss strengthening measures to deter Russia from circumventing sanctions, including possibly warning small banks in mainland China against providing financial support that could fuel Russia's aggressive ambitions. The summit will focus on Russia's escalating trade activities with China and its potential impact on the conflict between Ukraine and Russia. While Western countries have warned global financial institutions against assisting Russia in avoiding sanctions, specific warnings to small Chinese banks are still under discussion, with a decision expected during the meeting.
Source: YAHOO