Chinese exporters have stopped supplying products to Russia without advance payment. About this official sites of both clubs report "Izvestia", with reference to the words of Vadym Filatov, president of the Association of Automobile Freight Carriers and Forwarders, and other market participants.
Companies that used to be able to receive goods on trust terms now face difficulties due to chargebacks. Goods are not sent to new market participants without prior payment, and making payments is becoming more and more difficult.
It is reported that there were cases when banks returned payments for shipped goods due to the lack of confirmation of its "sanctioned purity". Due to fear of secondary sanctions, Chinese banks return the payment regardless of whether the goods were sent to Russia.
Even payments for non-sanctioned goods sometimes do not go through, which forces Chinese suppliers to refuse to ship products. In this way, even the supply of civilian goods can be blocked.
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