Russia and China create secret banking system to bypass Western Sanctions

Russia and China have developed a secret banking system to bypass Western sanctions, facilitating trade between the two nations.

Russian banks have launched a new payment system called “China Route” to conceal trade exchanges between Moscow and Beijing from Western regulators. According to Reuters, this system, designed to reduce the risk of sanctions and high costs, facilitates transactions through a network of intermediary countries that Moscow considers “friendly.”

The China...