> Or CIPS which will likely undercut this attempt of isolating Russia’s financial system
This is almost expected. The calculation being that Russia is safer as a Chinese vassal than a regional power. Settling via CIPS is also more burdensome and thus expensive than settling via SWIFT.
This is almost expected. The calculation being that Russia is safer as a Chinese vassal than a regional power. Settling via CIPS is also more burdensome and thus expensive than settling via SWIFT.