Researchers Suggest China and Russia Explore Alternative Business Channels Amid Increasing Western Sanctions
Monday, 13 May 2024, 11:30
Enhancing Business Cooperation Amid Sanctions
Researchers have suggested that China and Russia should explore alternative business channels to mitigate the impacts of Western sanctions. Utilizing finance deals through smaller Chinese banks could potentially resolve the threat of secondary sanctions.
Collaborative Strategy
- Close Collaboration: Working closely together can help streamline business operations.
- Finance Solutions: Leveraging smaller Chinese banks for financial deals can reduce risks.
This strategic approach aims to strengthen economic ties and boost business resilience against Western sanctions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.