Converting foreign assets into Chinese yuan assets may be a short-term solution for Russian investors in the wake of Western sanctions against Moscow, according to experts. The exclusion of major Russian banks from the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, shuts them out from the U.S.-dominated international fund transfer system. Although this severely…
Russian Investors Find Short-Term Solution to Western Sanctions Against Moscow, Expert Says
China Eyeing Russian Energy, Assets, Shares to Find Openings to Strengthen Power
China is considering buying energy, assets, and stakes in Russia’s bulk commodities companies. Albert Song, a current affairs commentator familiar with the Chinese financial system, told The Epoch Times that during the Russia-Ukraine war, the Chinese Communist Party (CCP) has a huge appetite for commodities as part of its goals to expand its aggressive powers…
Ukrainian Athletes Sweep the Podium at Beijing Winter Paralympics, Finishing Second in Medal Count
Ukrainian Paralympic athletes have pushed through their fears and won their biggest haul of gold medals in Beijing as a crisis unfolds at home. The 2022 Winter Paralympic Games just ended in Beijing. The Ukrainian team stole the show by finishing second in the medal count, winning a record 29 medals, including 11 golds. Ukraine…
Chinese Student in Kyiv: I See the True Face of the Chinese Regime
“I used to be a patriotic, angry youth,” a Chinese student said from Kyiv. “I would fight immediately if anybody dared to say bad words about the Beijing authorities. Now, I will never believe in our regime. Never, never, never.” Mei Qinghe (pseudonym) told the Chinese-language Epoch Times in the phone interview on March 10 that she…
Chinese Student in Kyiv: I See the True Face of Chinese Regime
“I used to be a patriotic, angry youth,” a Chinese student said from Kyiv, Ukraine. “I would fight immediately if anybody dared to say bad words about the Beijing authorities. Now, I will never believe in our regime. Never, never, never.” Mei Qinghe (a pseudonym) told the Chinese-language Epoch Times on March 10 that she fully…
The Hidden ‘Energy Agenda’ Driving US Decisions on the Russia-Ukraine War
In 2019, America broke off diplomatic ties with the Venezuelan regime, led by socialist dictator Nicolas Maduro. This was in response to a suspected hoax election that allowed Maduro to retain leadership and reported widespread human rights violations by his government. In March 2022, Biden administration officials reopened diplomatic relations with the Maduro regime to…
Latin American Countries Divided Over Russian Invasion of Ukraine
Once the Russian invasion of Ukraine began on Feb. 24, many countries within Latin America felt compelled to show support for the European nation under attack. However, Russian allies in the region have also spoken out against Western sanctions on Moscow or have passively shown a lack of support for Ukraine as the conflict enters…
Russian People Suffering, Against Invasion of Ukraine
Chinese people in Russia complained that the war has caused an economic recession. Society is now in chaos with people lining up to withdraw cash and to shop for goods, and the regime is arresting protesters who are against the war. Ignoring the suppression, Russian people were angry about the negative consequences of the invasion…
Russians Face Silencing and Economic Hardship Following Invasion of Ukraine
Chinese people in Russia complained that the war has caused an economic recession. The turmoil has caused chaotic schemes with people lining up to withdraw cash and to shop for goods, and the regime is arresting protesters who are against the war. They said that locals were angry about the negative consequences of the invasion…
China Won’t Dare to Rupture Relations with US, Europe Over Russia-Ukraine Conflict, Economists Say
Although China and Russia have announced a “no limits” partnership, with “no forbidden areas of cooperation,” Beijing is unlikely to do anything to jeopardize its economic relationship with Europe and the United States, economists say, citing that China has long benefited from global integration and seeks to maintain the world economic order from which it…
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