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Putin ally admits Russia's growing dependency on China

IndiaTimes Tuesday, 27 February 2024
Amid shifting away from Western affiliations due to sanctions related to the Ukraine conflict, Russia's trade with China has significantly increased. Efforts to obtain yuan loans have intensified since the annexation of Crimea in 2014, yet progress remains scant. Despite seeking Chinese capital to compensate for the shortfall from Western sanctions, finance minister Anton Siluanov acknowledged that an agreement remains elusive.
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