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China Threatens West with Financial War if they Get Sanctioned like Russia after they Invade Taiwan

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Multiple analysts at Chinese state-linked think tanks and banks have weighed in on the Biden administration’s recent threats to punish the world’s second-largest economy over China’s refusal to condemn Russia’s war in Ukraine, and amid US charges that it could be helping Moscow evade sanctions, or even quietly resupplying Putin’s military machine (charges which at this point have remained... 

China halts cash flow to North Korea

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The four largest Chinese banks have stopped yuan and dollar cash transfers to North Korea, reports the Japanese newspaper Tokyo Shimbun. The reported measure is part of rising international pressure on Pyongyang following its latest nuclear test and rocket launch earlier this year. Last month, several Chinese banks reportedly froze suspended cash deposits and transfer services for accounts held by... 

U.S. judge rules Bank of China can be sued in terrorism case

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Yuan banknotes are seen in this illustrative photograph taken in Beijing September 19, 2010. A federal judge ruled Wednesday that the Bank of China may be found liable for supporting terrorism in a case brought by the family of a U.S. citizen killed in a 2006 suicide bombing in Israel. The unusual 118-page ruling came as Chief Judge Royce C. Lamberth of the U.S. District Court for the District of Columbia... 
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