Russia's war efforts are masking issues with inflation, currency, and oil revenue, economists told BI.

Three days before his communist government turns 75, China's foreign minister warned fellow leaders Saturday against an “expansion of the battlefield” in Russia's war with Ukraine and said the Beijing government remains committed to shuttle diplomacy and efforts to push the conflict toward its end.

Western officials believe they have obtained evidence of secret arms supplies from China to Russia, which could signify a major escalation in Beijing's involvement in the war in Ukraine. Source: The Times,