Here’s still more evidence that at least the financial part of the sanctions on Russia is having an effect: Yuri Soloviev, the deputy chairman of VTB, Russia’s second largest lender, wrote an op-ed to complain about how Chinese financial firms are declining to work with their Russian counterparts these days. In his piece in Finance Asia titled “Unlocking the Potential of Russia-Asia Cooperation”, after the usual platitudes about all the things going well, he gets to a section called “sticking points”:
China’s ambiguous position regarding Russian banks in the wake of US and EU sanctions is a key issue holding back …read more
Source: The American Interest
