Russia's economy worried: dependence on China will be Putin's downfall.. As of: April 6, 2024, 6:01 p.m By: Bona Hyun CommentsPressSplit Chinese President Xi Jinping remained loyal to Vladimir Putin for years.
But Western sanctions are apparently putting the economic relationship to the test. In addition to China, Russia could lose an important trading partner as India is considered one of the most important buyers of Russian crude oil. The US has been using so-called secondary sanctions for decades to give its primary sanctions more impact. Western secondary sanctions have proven particularly effective in recent weeks.