U.S. Strategizes Financial Blockade on Chinese Banks Over Russia Support

The U.S. is preparing sanctions that could disconnect certain Chinese banks from the global financial system. This move aims to equip Washington’s top diplomat with the leverage needed to curb Beijing’s financial support for Russia’s military efforts. As Secretary of State Antony Blinken visits Beijing this Tuesday, there are growing questions about whether the U.S.’s formidable financial tools can effectively disrupt the deepening trade ties between Beijing and Moscow, which have been crucial in supporting Russia’s military resilience in Ukraine.