Russia counts on China as nearly half its reserves frozen due to sanctions

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Russia counts on China as nearly half its reserves frozen due to sanctions
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Russia looks to offset economic hardship by doubling down on its relationship with China

The sanctions on Russian reserves have become one of the most painful measures for the Russian economy.

"But I think that our partnership with China will still allow us to maintain the cooperation that we have achieved, and not only maintain, but also increase it in an environment where Western markets are closing." The two countries have tightened cooperation in recent times as both have come under strong Western pressure over human rights and a raft of other issues.

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