China holds meeting with bank officials amidst fear over US sanctions.
M2 EQUITYBITES-May 2, 2022--China holds meeting with bank officials amidst fear over US sanctions
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Global Banking News - 02 May 2022
China is said to be holding meetings with top bank officials because of fears that the US could impose sanctions on the nation in future.
China is examining measures that would protect overseas assets from possible US sanctions. Washington's action that froze the Russian central bank's dollar holdings has reportedly alerted Beijing. China is concerned that the US could impose...
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