The Russian economy increasingly embraces the Chinese yuan as an alternative to the American dollar as it is cut off from Western financial networks. Russia’s sovereign-wealth fund, which supports its war in Ukraine, uses the yuan to store its oil wealth. Russian companies are increasingly borrowing in yuan currency, and private households are establishing their savings in the Chinese currency. The share of Russian exports paid for in yuan rose to 14 percent by September, up from 0.4 percent before the start of the war. The trend solidifies ties between Russia and China in their shared discontent with the West.