US Sanctions Complicate Russia-China Trade Payments

Russian exporters face increasing difficulties with yuan transactions as US broadens sanctions criteria.

Major Russian commodity exporters report frozen or delayed payments from Chinese buyers.
The US expanded sanctions in June, affecting direct yuan payments between China and Russia.
Issues extend beyond commodities to sectors like agriculture and automotive imports.
Russian businesses explore alternative payment methods, including cryptocurrencies.
China remains Russia's main trading partner despite growing payment challenges.