Capital Economics’ Mark Williams says China is unlikely to attempt to bale out Russia fearing it could become the target of sanctions itself

A China institute that advises the nation's top leaders says Western sanctions will end up hurting the US and Europe more than Russia itself.

SWIFT sanctions against Russia seen as an event that will curb use of the dollar. Shares of payment firms such as Newland Digital Tech, Lakala Payment and Client Service rose strongly

China is Russia's biggest trade partner for both exports and imports but has – so far, say White House officials – not come to Moscow’s rescue