Asia Global Institute

Why China’s Banks Won’t Come to Russia’s Rescue

Tuesday, March 8, 2022

Why China’s Banks Won’t Come to Russia’s Rescue

China’s banks and homegrown payments system could, in theory, offer Russia relief from Western sanctions. In practice, it isn’t that simple. Zhiwu Chen shares his insights with the Wall Street Journal.

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Author

Zhiwu Chen

Chair Professor of Finance, the University of Hong Kong

Zhiwu Chen

THE ASIA GLOBAL INSTITUTE

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