2022年4月16日 星期六

Chinese Oil Giant To Exit US, Canada And UK Over Fears Of Western Sanctions

www.zerohedge.com

An odd thing happened this week: for obvious reasons, Russian usage of the Chinese yuan has been booming in recent weeks, with the Nikkei reporting that Russia boosted yuan holdings over dollar just before the invasion (having previously dumped all of its Treasury holdings all the way back in 2018 telegraphing what was coming to anyone who was paying attention), and even though Chinese trade with Russia has soared...

... many Chinese companies had refused to side fully with Russia, amid concerns that they would be swept up in various secondary sanctions should the increasingly erratic Biden administration decide to lash out at Beijing.

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