Russia's economy will be frozen for a long time as it relies more on China and 'yuanization,' think tank says

• Western sanctions will keep Russia's economy frozen, according a Carnegie Russia Eurasia Center scholar.
• Russia is now over-reliant on commodities and China, and can't secure advanced technologies.
• "The much-vaunted de-dollarization of the Russian economy is simply turning into its yuanization."

Western sanctions isolating Russia will impede the country from progressing economically for a long time, wrote Alexandra Prokopenko, a nonresident scholar at the Carnegie Russia Eurasia Center.