Payment scuffles between Russian companies and Chinese banks have escalated in recent weeks, with Chinese firms pulling back amid fear of sanctions.
  • Russia’s yuan reserves are nearly depleted due to Chinese banks’ fear of US sanctions.
  • Lenders have urged Russia’s central bank to address the yuan deficit, causing the ruble to drop.
  • China’s hesitance stems from US threats of secondary sanctions over Russia’s Ukraine war financing.
  • ABCDE@lemmy.worldEnglish
    0·
    12 days ago

    “upset”, “crying”, you are boring and repetitive, and have offered nothing to this thread, nor anyone’s life. On to the blocklist you go.