Russia's shortage of yuans and resulting reduction of foreign trade volume to continue as major Chinese banks halt operations in Russia, Belarus over fear of sanctions, experts say

3 years ago by 0x815 to c/europe

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Due to the stance of Chinese banks.

Cross-posted from: https://feddit.de/post/8856640

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MrMakabar 20 points 3 years ago

This year is going to be rough for Putin. Ukraine targeting oil infrastructure, worker shortages, infrastructure failures, the wealth fund running out and so forth. Sanctions are indeed working.

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