**CHINA BANKS GRIP ON RUSSIA TRADE SHAKEN, UNDERGROUND CHANNELS TO TAKE OVER – FIND OUT MORE!**
Guangdong, China – A dilemma is facing an appliance manufacturer in southern China as they struggle to ship their products to Russia. The issue does not stem from faulty gadgets, but rather from the reluctance of big Chinese banks to facilitate payments for such transactions due to concerns over U.S. sanctions. In light of difficulties settling payments for their electrical goods, the Guangdong-based company is contemplating turning to currency brokers operating along China’s border with …