At the recent G7 summit, the issue of sanctions against China's small banks has become a matter of the G7's agenda. The G7 decided to impose sanctions on it to restrict trade with Russia. However, China and Russia do not care about this, believing that this is a free trade exchange, which is fully in line with international rules and regulations. At the same time, Russia's Alfa-Bank will soon enter the Chinese market to facilitate Sino-Russian trade and personal exchange.
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The G7 has imposed sanctions on China's small banks, thereby restricting more business and trade exchanges with Russia, just talk about it, China and Russia have not regarded the G7's negotiation as the same thing, and China's small banks have not had commercial and economic exchanges with Russia, in other words, even if there is, you G7 can't control it, this is a free trade exchange between China and Russia, in broad daylight, there is nothing to see, and it is completely in line with the rules and regulations of the international community. It can only be said that the G7 is also just to brush up on the sense of existence, and to let everyone know that the G7 still exists through the name of China and Russia.
According to the latest news released by Russia Today RT on June 19, China will usher in the settlement of Russia's Alfa Bank, which is a private bank in Russia, that is to say, the next step is that the bank named Alpha will appear on the land of China, if you will know that it is a Russian bank when you see such a bank in the future, if you have more deposits, it happens that the interest rate of this bank is relatively high, then it is also a good choice for you to deposit your money in this Alfa BankAfter all, it is also an extra income, but as for whether there is a small deposit business, I don't know, so far there is not too much information leakage.
However, according to the news report, although this is a private bank in Russia, but when the United Ratings International Co., Ltd. conducts the rating, the Alpha bank rating is still good, and it is rated AA. As for when it will start, let's stay tuned and wait and see, I believe it won't wait too long.
This news has undoubtedly injected new vitality into the cooperative relations between China and Russia. Compared with the G7 sanction decision, Alfa's entry will provide broader development opportunities for both sides. After the G7 saw this decision of China and Russia, I believe that I will be extremely helpless in my heart, and can only watch as China and Russia will continue to deepen cooperation, actively promote bilateral trade and investment, and further consolidate the relationship between the two countries.
To sum up, the G7's decision to impose sanctions on China's smaller banks has not affected free trade exchanges between China and Russia. With the imminent launch of Alfa-Bank on the Chinese market, the Sino-Russian partnership will be further strengthened. China and Russia have demonstrated their firm stance that they are not affected by unilateralism and are committed to strengthening economic cooperation and upholding a free and fair international trade order. The outlook is promising, let's wait and see!