China "took hostage" $ 100 billion of Russia's reserves?? Having invested 17% of foreign exchange reserves in the yuan,the CB stated that it is de facto impossible to withdraw money from Chinese assets. To use the yuan,you need permission from China, and it's "difficult" to get it.
Bear in mind "Moscow Times" is a strongly anti-Russian newspaper, which was founded by a Dutch in the early post Soviet years to "reach US and European expats".
Looking at the type of articles they publish, you can get an idea of their "spin direction".
I would rate the ability of this paper to produce objective news on Russia or China (or any countries that the US has issue with) about as much as that of Epoch Times, the Kiev Independent or the now defunct Apple Daily.
