Quotes from the news wire:
Of all foreign currencies that the Russian [central] bank had its reserves in, it is only Chinese yuan that was not frozen and remains a ‘friendly’ one, we are likely to see further de-dollarization of Russia’s foreign trade in general and [an] increasing share of trade in national currencies with all states that are friendly or neutral to Moscow.
Found on CNN 1 year ago
With China’s economy opening up in 2023, we can expect a further increase in Russian exports to China, including petroleum and other oil refined products.
Found on CNN 1 year ago
Large Chinese businesses are wary about secondary sanctions and are cautious about dealing with the Russian entities under sanctions or with the Russian market in general.
Found on CNN 1 year ago
While Beijing is likely to show an understanding of Russia's security requests to NATO and the Anna Kireeva and to oppose the provocations and sanctions from the West, it has no real interest in becoming entangled in Russia's conflicts with NATO, the policymakers in Carnegie Moscow are well aware of this position.
Found on CNN 2 years ago
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