Geopolitics

Russia owes China $169 billion as sanctions deepen Beijing’s financial leverage - The New Voice of Ukraine

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DW NOTE

Russia's $169 billion debt to China isn't leverage — it's a lien. Beijing now underwrites the war machine while Washington underwrites Kyiv's defence budget, leaving Moscow structurally subordinate to a creditor that pays in renminbi and expects repayment in discounted energy and geopolitical deference.

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The Indian crude basket hit $123.29 per barrel last week, approaching levels recorded in March 2012, and adding 86% to the price Indian oil marketing companies pay, local media have reported, also noting the effect of a cheaper rupee. Since Indian companies pay for the oil they buy from abroad in U.

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Russia owes China $169 billion as sanctions deepen Beijing’s financial leverage - The New Voice of Ukraine

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