China Asks Banks to Pause New Loans to US-Sanctioned Refiners
China Asks Banks to Pause New Loans to U.S.-Sanctioned Refiners Financial Regulator Issues Verbal Guidance to Major Lenders Days After Invoking Blocking Rules Against Washington WASHINGTON — China’s top financial regulator has directed the country’s largest banks to temporarily suspend new loans to five refiners recently sanctioned by the United States over their alleged ties … Read more