Russia-China Bond Plan Rings Hollow as Reliance on West Endures
For all the showmanship, Vladimir Putins pivot into Chinas bond market may have little effect on Russias budget.
As the president toured Beijing last week, his officials broadcast plans for the first-ever government debt sale in Chinas mainland market. The borrowing will probably be more costly than in Europe, even with the sanctions over Ukraine that have kep ...
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