Beijing holds emergency meeting with major banks to protect China's overseas assets from Russia-style sanctions -- China Boss update 5.06.22
Update
What happened
“Chinese regulators have held an emergency meeting with domestic and foreign banks to discuss how they could protect the country’s overseas assets from US-led sanctions similar to those imposed on Russia for its invasion of Ukraine,” The Financial Times has reported.
FT:
The internal conference, held on Apri…
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