Looks like #china 's #ccp is now #paying for #russian #coal in #yuan - meaning they have now picked a side despite saying they were " #neutral ": https://www.zerohedge.com/commodities/fi.. You *cannot* be a neutral entity when you're #financially #incentivized to let one side #win . Obviously, #ukraine doesn't #trust them either.
#china 's #ccp #confirmed to be #buying #russian #coal and #oil in #yuan https://www.zerohedge.com/geopolitical/b.. This perhaps will mean that #biden will #sanction #china as he #promised he would - although it would be #devastating to the #us #economy ...
#china 's #ccp is demanding that all of their #banks get as much #foreign #currency as much as possible as the #yuan continues to tumble: https://www.zerohedge.com/markets/yuan-t.. What that does is props the #yuan against more #stable #currencies like the #dollar - meaning that if the #chinese #economy crashes it takes them all down with it.