Russia threatens “logistics collapse’: China bank lets Putin run aground. China has become Russia's most important economic partner since the start of the Ukraine war.
Despite the war in Ukraine, Russia and China have a good relationship. Kremlin admits problems with Chinese banks: “We will solve all problems” Russian companies are expecting major consequences for the economy. The Chinese New Year, which begins on February 10, would worsen the situation. Exports from China to Russia could stall until at least March, the source added.