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After the latest round of US sanctions, it has become very difficult, if not impossible, to conduct direct payments from China to Russia, even using the yuan, according to Bloomberg. Top managers of three Russian raw material exporters told the agency that trading with China has become a risky game, as direct payments in yuan are increasingly being frozen or delayed. “Some Chinese buyers of Russian farm goods have also been experiencing issues with payments this month,” a representative of a Russian agricultural firm reported. The problem extends beyond commodities such as metals and agricultu…

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