China media goads Russia to use CIPS over SWIFT
Researchers in state media say China’s Cross-border Interbank Payment System can help Russia survive Western SWIFT sanctions
CIPS
China launches CIPS international payment system
The Chinese International Payment System (CIPS) has officially begun its operations. A transaction from China to Luxembourg for Sweden's IKEA company was the first operation Experts believe that the CIPS will help integrate the yuan into ...
China plans to launch own international payment system
China plans to launch its own international payment system later this year, the country's prime minister, Li Keqiang, said. "By the end of the year, we will complete the development of China's International …