• 11/29/2024

China’s interbank system promoted as safeguard against Swift consequences

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

A senior researcher has encouraged China to expand the use of its interbank transfer protocol, warning of risks inherent in the use of Western systems like Swift.

https://www.scmp.com/economy/china-economy/article/3274621/chinas-interbank-system-promoted-safeguard-against-swift-consequences?utm_source=rss_feed