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Russia counts on sanctions help from China.

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Despite the U.S. warning Beijing against helping Moscow to evade sanctions over Ukraine, Russian Finance Minister Anton Siluanov said his country is banking on that lifeline to withstand unprecedented Western sanctions. He noted that the sanctions had deprived Moscow of access to $300 billion of $640 billion in gold and foreign exchange reserves, and added that the West is exerting pressure on China to shut off more.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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