Russia is becoming increasingly dependent on Chinese banks as its yuan borrowings more than quadruple

• Russia's deepening isolation from the West is dramatically reshaping its economy.
• Chinese banks have offered billions of dollars to Russia as sanctions pressure Western lenders to exit the country.
• The volume of renminbi-backed loans has more than quadrupled as Russia seeks to move away from the dollar.

As Western banks slash their exposure to Russia, Chinese lenders are stepping in to fill the hole.