A Rocky Mountain mansion owned by Russian oligarch Roman Abramovich would likely be among the first assets frozen by the U.S. government if he is sanctioned.
Central banks are starting to question whether reliance on the U.S. dollar is a good idea, said Gal Luft of the Institute for the Analysis of Global Security.
China doesn't want to take a position on Ukraine that could undermine Russia, said Scott Kennedy of the Center for Strategic and International Studies.
Biden and Chinese Pres. Xi Jinping agreed to work for peace in Ukraine. But China refused to say Russia was responsible for its brutal invasion of the country.
While Chinese state media have tacked away from primarily pro-Russian coverage of the war with Ukraine, one of the consistent messages remains: Blame the U.S.
China's trade surplus could narrow to $238 billion this year – about 35% of the historic $676 billion attained last year, according to ANZ Research estimates.