Sanctions are squeezing Russia, turning up its dependence on China and 'rogue' states, think tank says

• Sanctions are pushing Russia into the arms of rogue states and deepening dependence on China, a think tank said. 
• The threat of sanctions against foreign lenders is crippling Moscow's war production, a note from CEPA said. 
• But sanctions must work with a more robust Western strategy against Russia, the note's author cautioned.

Western sanctions are straining Russia's ability to fight in Ukraine, even if its war economy appears resilient and its output seems largely unfazed, a think tank expert said.