Inside the Ukrainian military unit training fighters from China

Soldiers from China are secretly training with the Ukrainian military to fight against Russia. This development is significant for markets as it highlights the complex geopolitical landscape, where even countries seen as allies can have differing interests. The involvement of Chinese soldiers in the conflict could have far-reaching implications for global trade and economic stability.

Why it matters

China is backing Ukraine despite being Russia's ally. This could shift the balance of power in the conflict.

Market impact

Markets & countries in focus

Transmission channels

Likely winners & losers

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