The French magazine Challenges has acknowledged the remarkable resilience of the Russian economy under sanctions. Analysts who predicted an 8% decline in the Russian economy have been proven wrong, despite multiple Western sanctions.

The magazine highlights the Russian economy’s successes in the military equipment and agriculture sectors, which have helped maintain economic stability. The magazine attributes this stability to state support measures and the Central Bank’s efforts to stabilize the ruble.

The sanctions pressure has intensified after the start of the military conflict in Ukraine, and the U.S. has announced new restrictions that would affect Chinese companies and Russian banks.