Russia–China Foreign Trade Near Dollar-Free: Almost All in Rubles, Yuan

Russia–China Foreign Trade Near Dollar-Free—Almost All Now in Rubles and YuanRussia and China have nearly eliminated the U.S. dollar from their bilateral trade, conducting transactions in rubles and yuan as de-dollarization reshapes global economic power structures. Almost All Russian-Chinese Foreign Trade Operations Now in Rubles and Yuan Following a high-level meeting with Chinese President Xi Jinping on May 8 in Moscow, Russian President Vladimir Putin […]

Source: https://news.bitcoin.com/russia-china-foreign-trade-near-dollar-free-almost-all-in-rubles-yuan/