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Wall Street Journal Reveals Zhejiang Chouzhou Commercial Bank as a Conduit for Russian and Iranian Sanctions Evasion

11.03 ·Reported ·Importance IV ·Sources 1 ·Yiwu

On November 3, The Wall Street Journal reported that among approximately 3,500 leaked A7 transactions, Chouzhou Bank appeared most frequently as the receiving bank. In February 2025, a Kyrgyz front company ordered 40,000 kilograms of molybdenum trioxide from a Chinese supplier, with a payment of about $1.5 million wired to an account at the bank. Both the Biden and Trump administrations had internally flagged the bank but did not impose sanctions. Chouzhou Bank stated it has launched an internal investigation, while China opposes unilateral U.S. sanctions.

Xi Jinping Leads Delegation by Special Plane to Central Asia for SCO Summit

08.30 ·Verified ·Importance IV ·Sources 1 ·Beijing, China

On August 30, Xi Jinping led a delegation by special plane to Central Asia to attend the Shanghai Cooperation Organization summit, and then planned to visit Kyrgyzstan and Egypt; the trip, according to the official schedule, lasts 5 days.

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