"There is a range of problems related to the fact that a number of Chinese commercial banks interpret the sanctions introduced against Russia too broadly," Danilov said at the Investment and Financial Capacities at the Russian Capital Market Forum.
He specified that the Russian Central Bank was engaged in regular related discussions with the People's Bank of China.
In late October, representatives of Russian businesses working in China told Sputnik that they frequently faced problems while carrying out bank transactions in China, with the Chinese banks refusing to provide services to Russian clients in light of the anti-Russian sanctions imposed by Washington.
The director of the Russian Export Center Group Andrey Slepnev has emphasized that the barriers were imposed in contradiction with the principles of the World Trade Organization (WTO), adding that the search for a solution were being carried out at the intergovernmental level.
READ MORE: Fitch: Russia 'Copes Well' With New US Sanctions, Economy Resilient to Shocks
Russian Deputy Prime Minister Maxim Akimov said earlier that Unilateral sanctions and protectionist measures by the United States and its allies would not undermine Russian-Chinese cooperation.
The Russian Central Bank's Director of Research and Forecasting Department, Alexander Morozov, said Tuesday that the expected impact of possible new US sanctions on Russia's economy would be smaller than it was in 2014-2015.
READ MORE: China Summons US Ambassador Over Sanctions for Cooperation With Russia — Reports
