What you Need To Know about CIPS - China's SWIFT-killer

What you Need To Know about CIPS - China's SWIFT-killer 您需要了解的有關 CIPS 的知識 - 中國的 SWIFT 殺手

If any country wants to avoid the US and European Financial Surveillance, what alternative systems available for them? There are a couple of systems emerging where Central Banks, corporations and other Financial Institutions can use : 1st one is SPFS - Russian alternative to SWIFT and CHIPS which provides messaging, clearing and settlement services for cross border transactions. And another one CIPS - China’s alternative to SWIFT and CHIPS.