this post was submitted on 07 Sep 2024
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  • Russia's yuan reserves are nearly depleted due to Chinese banks' fear of US sanctions.
  • Lenders have urged Russia's central bank to address the yuan deficit, causing the ruble to drop.
  • China's hesitance stems from US threats of secondary sanctions over Russia's Ukraine war financing.
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[–] [email protected] 82 points 1 month ago (7 children)

Hot take:

China has lost all faith in Russia. Is reorganizing to reflect that.

And maybe is even considering Taiwan's advice, lol.

[–] [email protected] 25 points 1 month ago (5 children)

What's "Taiwan's advice"? What did Taiwan tell China about Russia?

[–] [email protected] 50 points 1 month ago (1 children)

The president or prime minister said that if China is serious about reclaiming Taiwan, it should also reclaim land that is currently Russian, as that land was also lost during the same time period.

[–] [email protected] 6 points 1 month ago

It would also be much easier to conquer than Taiwan.

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