When Russia issued its first CNY 20B yuan-denominated bond in December 2024, headlines framed it as a bold step away from the U.S. dollar. But behind the noise lies a deeper truth:
š This is not de-dollarization. This is dependency.
Russia hasnāt broken free ā it has simply traded one master currency for another.
---
š£ The Reality Behind the Yuan Deal
What looks like financial sovereignty on the surface is actually a new form of limitation:
ā Chinese investors canāt buy the bond
ā Moscow Exchange is sanctioned
ā Actual buyers are Russian oil companies stuck with yuan they cannot use globally
This is not āChina backing Russia.ā
Itās Russia selling bonds to itself, through companies trapped in a closed financial loop.
---
š The Numbers Tell the Story
$245B RussiaāChina trade in 2024
99% settled in yuan
212% spike in Moscow yuan repo rates (Sept 2024)
98% Russian payment attempts rejected by Chinese banks
Russiaās central bank forced to inject yuan ā a currency it does not control and cannot print
š China controls the liquidity
š China controls the clearance
š Russia depends on Chinaās approval
This is the opposite of sovereignty.
---
š Global Reserve Reality
Despite high drama in the currency world:
šµ USD reserves: 56.3% (lowest since 1994, still dominant)
š“ Yuan reserves: 2% (stalled for years)
š„ Gold purchases: 1,000+ tonnes/year (highest since the 1960s)
Central banks are not shifting from dollars to yuan.
They are shifting from political currencies to neutral assets.
---
ā ļø Russiaās Fiscal Pressure Is Exploding
2025 budget deficit: 5.7T rubles (5Ć original target)
National Wealth Fund: down 68% since 2022
Bond yields: Yuan 6% vs Ruble 16%
Russia chooses yuan not because itās optimal ā
but because itās the only door still open.
This is not freedom.
This is survival.
---
š„ The Sovereignty Trap
Russia tried to escape the influence of one superpowerā¦
and landed in the currency zone of another.
Real sovereignty doesnāt come from switching currencies ā
it comes from controlling your own economic destiny.
And right now, Russia is further from that goal than ever.
---
š Market Watch (Neutral & Safe Observations)
š
$SXP (SXPUSDT) ā 0.0702 (+25.13%)
Monitoring possible downward pressure toward 0.0567 region š
š
$SAPIEN (SAPIENUSDT) ā 0.14525 (ā14.29%)
Tracking continuation near 0.15021 / 0.145 zone š
š
$AT (ATUSDT) ā 0.1364 (ā4.14%)
Watching for potential recovery attempts toward 0.1950 area š
(These are neutral market observations ā not financial advice.
ššš FOLLOW Anisa Asif For Better Information And Guidelines š°š°š°
Appreciate The Work. š Thank You. š FOLLOW Anisa Asif š To Find Out More $$$$$ 𤩠BE Anisa Asif š°š¤©
ššš PLEASE CLICK FOLLOW Be Anisa Asif - Thank You.
#Sapien #globaleconomy #RussiaChina #GlobalMarkets #ATUSDT ššš