Disaster for Russia: China's largest bank leaves Putin hanging.. As of: February 21, 2024, 3:42 p.m By: Bona Hyun CommentsPressSplit China is actually considered a loyal ally of Putin.

But gradually more and more Chinese banks are allowing the Russian president to appear. The Western sanctions against Russia are apparently worrying China. As a result, there could be tension between Russia and Beijing, one of Vladimir Putin's most important trading partners.