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China's Xi Helps Putin Dampen West Sanctions Impact; ‘400% Increase In Loans…' | Details
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China reportedly quadrupled its loans to Russia after the Ukraine war, making the western sanctions on Moscow for invading Kyiv effectively redundant. According to Financial Times, China’s ‘Big Four’ banks increased their exposure to Russia by over 400% in 14 months since the Ukraine war. Moreover, Russia’s trade with China reached a record $190 billion last year.
#china #russia #ukrainewar #xijinping #vladimirputin #chinaloans #russiasanctions
Hindustan Times Videos bring you news, views and explainers about current issues in India and across the globe. We’re always excited to report the news as quickly as possible, use new technological tools to reach you better and tell stories with a 360-degree view to give you a better understanding of the world around you.
#china #russia #ukrainewar #xijinping #vladimirputin #chinaloans #russiasanctions
Hindustan Times Videos bring you news, views and explainers about current issues in India and across the globe. We’re always excited to report the news as quickly as possible, use new technological tools to reach you better and tell stories with a 360-degree view to give you a better understanding of the world around you.
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