Converting foreign assets into Chinese yuan assets may be a short-term solution for Russian investors in the wake of Western sanctions against Moscow, according to experts. The exclusion of major Russian banks from the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, shuts them out from the U.S.-dominated international fund transfer system. Although this severely limits Moscow’s ability to engage in transactions, Russian investors could get around it in the short term by holding assets in the Chinese Yuan (RMB), Mike Sun, an investment specialist in North America, told The Epoch Times. Given that the sanctions have pushed Russia toward financial autarky, Russian investors are looking for ways to minimize their loss for the short term. A Hong Kong banker told the Chinse edition of Nikkei Asia, a Japan-based financial newspaper, that recently there had been a noticeable conversion of assets in the emerging markets into RMB assets. According to …