Russia and China Almost Completely Dedollarize Their Trade Amid Western Pressure on Nostr: Russia and China Almost Completely Dedollarize Their Trade Amid Western Pressure ...
Russia and China Almost Completely Dedollarize Their Trade Amid Western Pressure
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#1000d551 ver:0.45
Russia and China have almost completely stopped using the dollar in their mutual trade, with more than 90% of settlements now carried out in their national currencies. This move comes as trade and economic cooperation between the two countries continues to develop despite persistent attempts by Western countries to prevent it. The dedollarization of their trade is seen as a significant step in reducing their dependence on the US dollar and strengthening their economic ties. The shift away from the dollar reflects Russia and China's efforts to assert their economic sovereignty and protect themselves from the impact of US sanctions. It also aligns with their broader goal of creating a more multipolar global financial system. The increasing dedollarization of Russia-China trade highlights the...
#newstr #Russia #China #Trade #Dedollarization #UsSanctions #WarInUkraine #ChineseYuan #UsAllies #UschinarussiaRelations #ElectronicsIndustry #China'sMilitaryIndustry
https://here.news/story/1000d551?ver=0.45
===============
#1000d551 ver:0.45
Russia and China have almost completely stopped using the dollar in their mutual trade, with more than 90% of settlements now carried out in their national currencies. This move comes as trade and economic cooperation between the two countries continues to develop despite persistent attempts by Western countries to prevent it. The dedollarization of their trade is seen as a significant step in reducing their dependence on the US dollar and strengthening their economic ties. The shift away from the dollar reflects Russia and China's efforts to assert their economic sovereignty and protect themselves from the impact of US sanctions. It also aligns with their broader goal of creating a more multipolar global financial system. The increasing dedollarization of Russia-China trade highlights the...
#newstr #Russia #China #Trade #Dedollarization #UsSanctions #WarInUkraine #ChineseYuan #UsAllies #UschinarussiaRelations #ElectronicsIndustry #China'sMilitaryIndustry
https://here.news/story/1000d551?ver=0.45