Russia Leads China Debt Ranking as Sanctions Deepen Financial Dependence. - ubn.news

Russia Leads China Debt Ranking as Sanctions Deepen Financial Dependence. - ubn.news

Source: ubn.news

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DW NOTE

Russia owes China more than any other country — a ranking that reflects two decades of Western sanctions forcing Moscow to finance itself in renminbi rather than dollars. China gets a debtor with no alternatives. Russia gets to call it sovereignty.

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