The Russian people should feel so lucky to be tied to the Chinese govt for their economic benefit. I'm sure the Russian people will be happy when that Chinese housing bubble finally pops.Quoted for the lulz.
The only thing the sanctions are doing is pushing Russia and China closer together.
Russia must be seeing a noticeable destruction of their currency if they believe they need to buy up gold to maintain their wealth. Somebody needs to tell Putin this isn't the 1930s. They participate in a world economy. And the peasants like to have more than a govt mandated house and food ration.
The recent ban of imported chicken is a great example of cutting off their nose to spite their face. A country that was seeing 2-4% rise in chicken prices per week is going to inflate that further by banning imports? lol