Yes, they are running out of options.

Just a question: Where have you got the data from? I assume the $54billion are the total asset. According to the data I have, Russia’s National Wealth Fund’s liquid assets - which are supposedly more relevant when it comes to defend the currency - stand at just $31bn as per November 2024. But please correct me if you think I am mistaken.

Addition: The Chinese government mixes a range of financial and education incentives with coercive measures such as threats to families to promote intermarriage between majority Han Chinese and ethnic minority Uyghurs in the occupied Xinjiang region.

As a report from 2002 says:

In December 2021, the Uyghur Tribunal convened in London found that “Uyghur women have been coerced into marrying Han men with refusal running them the risk of imprisonment for themselves or their families […]

[As one example, there is also the so-called] “Becoming Family” (结对认亲 – jie dui renqin) program.79 Under this program, mostly Han cadres stay in Uyghur homes to monitor the conduct of families and promote assimilation.80 Many Uyghur men are absent from their households on account of having been detained. As a result, these “relatives” – including men – have sometimes slept in the family bed, with consequences including sexual harassment and rape.81 Indeed, two Uyghur survivors living outside China, Zumrat Dawut, who was detained in an internment camp, and Qelbinur Sidiq, who was forced to teach in two camps, have said that “Uyghur girls and women have been sexually assaulted in their homes” as a result of the Becoming Family policy.

Source: Forced Marriage of Uyghur Women: State Policies for Interethnic Marriages in East Turkistan