Russia's economy worried: dependence on China will be Putin's downfall. As of: April 7, 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. More and more Chinese institutions have stopped accepting yuan payments from Russia. China's central banks also want to restrict business with Russia - with disastrous consequences for Russia's economy.