China cross-border finance system will not aid Russia
China’s Cross-border Interbank Payment System (CIPS) currently operates as a complementary service to SWIFT
You must be signed in to read this analysis
In this article
- China's CIPS
- CIPS and Ukraine
- Ruble reluctance
- Western pressure
- SWIFT dependency
- CIPS outlook
What is this?
This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.
