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.
    • @ABCDEEnglish
      -5•10 days ago

      Do you have examples of sanctions resulting in protests which have changed something for the better?

      Edit: six downvotes and no responses; if the answer in your head, feel free to post instead.