Ukraine invasion: Swift ban, sanctions cut Russian economy from the world. Will China’s yuan payment system offer a lifeline? | South China Morning Post

Ukraine invasion: Swift ban, sanctions cut Russian economy from the world. Will China’s yuan payment system offer a lifeline? | South China Morning Post Sanctions on Moscow are likely to accelerate connection and transactions between Chinese and Russian payment systems But cooperation between China’s central bank and its Russian counterpart could threaten the Chinese economy, analysts warn