China: Can the Barter System Beat Western Sanctions (text changed)
Jan 9, 2025 | 11:44 GMT
What Happened
Three trade and payment sources, including a manager at a large Russian bank, claimed Russia and China were considering using the barter system to limit exposure to U.S. financial sanctions, with a barter system in agricultural goods possible this fall, Reuters reported on Aug. 8. One Russian government source suggested that China was holding up "political things that need solving" for the system....