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A comment on Russian firms rush to open Chinese bank accounts. Parent comment

Re:Russian firms rush to open Chinese bank accounts by nemothekid on Thursday March 03, 2022 @10:48AM (#30542481)
>especially against those that China deemed to be problematic to them.

I don’t see how this is any different than what the US has already done. The US has now cut off Iran and Russia from SWIFT in political moves. Any nation state is likely already doing the calculus.

[ Parent | on HN ]
Re:Russian firms rush to open Chinese bank accounts by learc83 on Thursday March 03, 2022 @11:32AM (#30543142)
The difference is China would likely cut off banks and countries who “hurt the feelings of the Chinese people”, i.e., refer to Taiwan as a country, or refuse to recognize the 9-dash line, or comment on their human rights abuses.
[ Parent | on HN ]