well, we can now speak to anna grossman. she lectures in governance and entrepreneurship at le, for university in the u. k. as great have you on the program. can you just explain to us the rationale behind targeting, specifically oligarchs? well, in the russian economies, organized in the network of interconnected orders and the government. so it's extremely concentrated economy as well, meaning that a very few individuals control large chart chunks of the economy. so even targeting $300.00 individuals is a very detrimental to the whole economy. and the way the russian economic network works is that these large companies are co owned with the government. so that, that means that there is a kind of her ripper cushion effect on the whole network of this. and, you know, big cluster firms that are somehow connected to the government so that rise, that the impact will be very important. and so to these, all the guys have a lot of sway over vladimir putin. himself, can they, can they change his behavior if they are here to kill an

but thank you very much, anna grossman for joining us. i think it was a pleasure to hear from you. meanwhile, china says the impact of sanctions on russia will have a limited effect on its own economy. with regards to facilitating trade with russia after the countries exit from the swift global payment system, beijing is offering a workaround use of the chinese sips system. although it can only process payments in you on the chinese government also promises support to financial markets to keep, keep them stable amidst ongoing crises. well here's what the head of china's national bureau of statistics had to say. and connor from christina connelly, you mean in terms of direct impact with russia and ukraine account for a small proportion of china import and export trade? so the direct impact is limited. of course, due to a geopolitical change and see the impact on global commodity prices is still relatively obvious. and the pressure of domestic import inflation may increase. the spite these problems, we must also see that we still have many

anna grossman from le, for university. thank you very much. thank you. not so from us on the d to we business program until next time to head i was our website, d to be dot com slash business, and check us out on the data. we knew youtube channel ticket with to the point in the strong opinions with clear positions, international perspectives, the humanitarian crisis in you crazy, intensifying food, hating rules or medicines, rolling desperately short supply, still russian forces continue that pounding of civilian targets. how much pain will the people of ukraine face find out to the point, to the point with d, w. ah? with russia has undermined arrangement daring for the worse talk to more with abandon importing the oil with a work interest in the global economy. our portfolio d w. business beyond. here's a closer look at the project. our mission. to analyze the fight for market dominance. east, this is where you stood with the w business beyond. ah ah ah ah, this is dw news live from berlin scrambling at to safety ukrainians dropped in the besieged city

well, anna grossman is associate professor at la for university in the u. k. and research is the russian economy. thank you very much for joining us. ana. how is russia's economy coping under the strain of sanctions? the russian economy has been hit extremely hard by the sanctions of the most or difficult part right now for the russian businesses is due to the increased cost of financing are due to the valuation of rubble. so the businesses are looking at different types of payments, such as script of currencies or goal. and at the same time, the government is introducing your legislations, new measures, subsidies to facilitate a continuing operations off of ration businesses in russia and abroad. so for instance, there is a new legislation which might allow the abundant acids by the western company needs to be temporarily managed by an external administrator and then sold at auction to a new buyer. there is another legislation coming place to stabilize the exchange rate of the russian rebel against the dollar, the providing better liquidity for the russian ba