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I hear a lot about troubles that Russian companies have with making payments to China. I think it is not just concealing, but actual Chinese banks and companies
by kikimora 2y ago
I hear a lot about troubles that Russian companies have with making payments to China. I think it is not just concealing, but actual Chinese banks and companies not willing to deal with Russia.
- topspin 2y agoCountered an undeserved down mod on this comment. Re: troubles with payments: For all I, or you, know, the money is being concealed as well. Despite the triviality of concealing industrials inputs moving across the unmonitored borders of friendly nations, concealing money is even easier.
- kikimora 2y agoI hear about payment issues from Russian companies, they complain in interviews and blog posts in *.ru Also VTB CEO, a top-10 bank in Russia, recently complained in public that China closed their China branch. I think sanctions are working, they do not shut down China-Russia trade but definitely make it difficult.