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上海英文频道ICS:Russian Finance Minister Declares Ruble Crisis Over

上海英文频道ICS:Russian Finance Minister D

The Russian government says it is confident its currency crisis is over. But due to its heavy reliance on the energy sector, Russia's economy is still facing huge challenges. This week on Town Talk, Zhang Xin, a research fellow at East China Normal University tells us the current situation is far from being the worst case scenario for Russia and the country has experience dealing with a crisis of this kind. But he also expressed his concerns about the prospects for the Russian economy as well as the strong possibility of inflation rising early next year.