China Has Tools to Help Russia’s Economy. None Are Big Enough to Save It. - The New York Times


3/11/2022 12:00:00 AM3 years 2 months ago
by Alexandra Stevenson, Keith Bradsher

Any financial lifeline that Beijing can offer Moscow involves taking on risk and won’t have the power to reverse the damage of sanctions imposed by the United States and its allies.

In a similar scenario, a Chinese oil company could pay a shell company and its corporate officers in China a very large consulting fee to trade oil on its behalf, instead of paying a Russian oil comp… [+1198 chars]

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