Chinese Banks Prepare Contingency Plans Over Threat of US Sanctions: Report

In worst-case scenarios under consideration by the Bank of China and Industrial and Commercial Bank of China (ICBC), the lenders are looking at the possibility of being cut off from U.S. dollars or losing access to U.S. dollar settlements.

from Top Business News- News18.com https://ift.tt/3f9aCbc

• Tweet
• Share
• Share
• Share
• Share