Kremlin declines to discuss Bloomberg report that Chinese banks tighten curbs for Russians

Kremlin declines to discuss Bloomberg report that Chinese banks tighten curbs for Russians

The Kremlin declined to comment on Tuesday on a Bloomberg report that Chinese state-owned banks are tightening curbs on funding to Russian clients for fear of U.S. secondary sanctions, describing it as a highly sensitive topic.

Asked about the report, spokesman Dmitry Peskov said it was a matter for the companies and departments involved, and not for the Kremlin.

"This is a very, very sensitive area and it is unlikely that anyone will undertake to talk about it - you shouldn't expect that," he said.

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"We continue to develop relations with China; it's our very important strategic partner."

Peskov said this was reflected in the higher-than-expected volume of bilateral trade with China, adding "we have confidently surpassed 200 billion (dollars) and continue to grow".

This article was produced by Reuters news agency. It has not been edited by Global South World.