• 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.
  • prancing389
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    27 days ago

    We have no business in Ukraine. NATO is not a defense pact, it has morphed into the offensive alliance to take over Russia. Believe it or not, that will NOT be good for most of the world.