The yuan's share in payments for Russian exports has halved since mid-2024, falling to 22%, Bloomberg reports, citing central bank data. The decline is due to the threat of secondary US sanctions, due to which Chinese banks limit their work vis-à-vis the Russian Federation. At the same time, the ruble's share in trade with Asian countries reached 69%. Due to the impossibility of direct payments, Russian businesses are forced to use payment agents, which has increased the cost of transactions with China to an average of 15–20% of the transaction amount.