China's Russian coal purchases stall as buyers struggle to secure financing | Reuters - discu.eu

Reddit

China’s Russian coal purchases stall as buyers struggle to secure financing: “Most banks have stopped issuing letters of credit after the SWIFT sanctions. As almost all contracts are dollar-denominated, we have no other way to make the payment.” https://www.reuters.com/business/chinas-russian-coal-purchases-stall-buyers-struggle-secure-financing-2022-03-01/ 72 comments 1/3/2022 worldnews

Linking pages

China can't do much to help Russia's sanction-hit economy | CNN Business https://edition.cnn.com/2022/03/03/economy/china-cant-help-russia-sanctions-fallout-intl-hnk/index.html 34 comments

Linked pages

The Trust Principles | Thomson Reuters https://www.thomsonreuters.com/en/about-us/trust-principles.html 1 comment

Related searches:

Search whole site: site:reuters.com

Search title: China's Russian coal purchases stall as buyers struggle to secure financing | Reuters

See how to search.

Submit link to: