What if Swift bans China from its platform?

 Swift's Potential Ban: Consequences

Swift were to ban China from its platform, it could have significant consequences for the global financial system and trade.

Swift is a key infrastructure provider for global financial transactions, and China is the world's second-largest economy. If Swift were to ban China from its platform, it would severely limit China's ability to conduct international financial transactions, including trade, investment, and other cross-border activities. This could potentially lead to a significant economic impact on China and other countries that do business with China.

On the other hand, such a ban could also have negative consequences for Swift and other countries that rely on China as a major trading partner. China has been rapidly developing its own domestic payment systems, and a ban by Swift could accelerate the adoption of these systems, potentially reducing the influence of Swift in the global financial system.

Swift global

Overall, a ban by Swift on China would likely have significant and far-reaching consequences for the global financial system, trade, and economic relations between countries.