Banning Russia From SWIFT Would Drive It Closer to China

Banning Russia From SWIFT Would Drive It Closer to China
Russian President Vladimir Putin (front left) and Chinese leader Xi Jinping arrive for the welcome banquet for leaders attending the Belt and Road Forum at the Great Hall of the People in Beijing, China, on April 26, 2019. Nicolas Asfouri/Pool/Getty Images
Antonio Graceffo
Updated:
News Analysis

The United States has threatened to cut Russia off from the SWIFT banking system, to prevent it from invading Ukraine. This would wreck Russia’s economy, driving the country closer to China.

Antonio Graceffo
Antonio Graceffo
Author
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.
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