SWIFT
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As the World Sanctions Russia, China Takes Note
China’s reliance on the West and its capacity to withstand sanctions will be reduced if it has more control over the financial system. While it is working towards becoming less economically dependent on the West, it is not there yet.
Tokyo Freezes Assets of Russians, Clarifying Once Ambiguous Relations With Moscow
The shift of tone since Russia’s invasion of Ukraine highlights the collapse of faith of both the Japanese government and the public that Russia will abide by international norms, analysts say.