Putin under pressure: Russia is threatened with economic isolation - China is apparently sending a clear signal. Sanctions against Russia's economy are forcing banks to turn away.
Putin's circle of business partners and allies is shrinking due to sanctions against Russian's economy. Russian President Vladimir Putin is now even more dependent on the help of long-standing allies like China. But Chinese President Xi Jinping can no longer withstand Western pressure and is turning further and further away from the Russian president. The situation with Chinese banks has led to problems, but these can be overcome, says Kremlin spokesman Dmitry Peskov.