1 Bloomberg, Russia weight = 0.39% of MSCI ACWI, as at 31 December 2021
2 European Commission, REPowerEU: Joint European action for more affordable, secure and sustainable energy, 8 March 2022
3 State Administration of Foreign Exchange (SAFE), https://www.safe.gov.cn/en/ForexReserves/index.html
4 The last published statement by SAFE indicated USD composition was 58% of China’s FX reserves as of 2014. State Administration of Foreign Exchange (2019): Annual Report of the State Administration of Foreign Exchange 2018. https://www.safe.gov.cn/en/file/file/20190905/8bed0ab4a8f74ef08b0b3553c5d66ac3.pdf?n=Annual%20Report%20of%20the%20State%20Administration%20of%20Foreign%20Exchange%20(2018)
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