China should prepare for potential U.S. sanctions by increasing use of its own financial messaging network for cross-border transactions in the mainland, Hong Kong and Macau, according to a report from the investment banking unit of Bank of China...Reuters
Chinese banks urged to switch away from SWIFT as U.S. sanctions loom
4 comments:
Havent even got to their liability for foisting their Kung Flu on the ROW...
They can kiss their USTs goodbye....
"Lie down with dogs, wake up with fleas", Franko.
It's the fault of our own unjust economic system (e.g. positive yields on inherently risk-free US sovereign debt) that we have so much contact with countries with dangerous food customs in the first place.
It's the fault of globetrotters who use jet planes to travel from one location to another. Mind you, the old Silk Road was eventually able to spread the bubonic plague to Europe.
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