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Mar 7, 2022
China Can’t Save Russia from an Economic Crisis
Western sanctions are crippling Russia's economy as Russia continues its invasion of Ukraine. Many are now looking to China to see if it will help its ally avoid western sanctions. While Russia and China have grown increasingly close in recent years, China can't save Russia from the economic crisis that the blowback from its invasion of Ukraine has caused. In this episode of China Uncensored, we look at why China can't really help Russia, why even the oil and gas deals Russia and China signed recently won't save Russia's energy sector, and what alternatives Russian banks have to the western SWIFT banking communication system.
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