• 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.
  • ipkpjersi
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    2 months ago

    Maybe they shouldn’t have invaded Ukraine.

    • Laura
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      2 months ago

      the question is if they could still pull out of the war