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How China’s Economic Downturn Is Shaping Payments and Banking for International Trade and Domestic Transactions

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China’s slowdown sent shockwaves through global payments and banking. Transfers took weeks, approvals froze, and billions got trapped in limbo as the government tightened control on every cross-border transaction.


Some exporters turned to stablecoins to move money, bypassing the rules but this only created an even bigger risk to financial stability.


Businesses worldwide faced shrinking margins, higher fees, and disrupted cash flows that threatened their survival.


 
 
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