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submitted 2 months ago by MicroWave@lemmy.world to c/world@lemmy.world
  • 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.
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[-] urfavlaura@lemmy.ml 11 points 2 months ago* (last edited 2 months ago)

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

[-] ulkesh@lemmy.world 22 points 2 months ago

Putin’s fragile ego won’t allow that.

[-] 5714@lemmy.dbzer0.com 9 points 2 months ago

Ukraine doesn't have the resources to start some weird revenge conquest, given that their allies fear MAD.

this post was submitted on 07 Sep 2024
579 points (98.2% liked)

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