Russia and China Almost Completely Dedollarize Their Trade Amid Western Pressure on Nostr: US Sanctions Test China's Limits of Friendship with Russia =============== #1000d551 ...
US Sanctions Test China's Limits of Friendship with Russia
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#1000d551 ver:0.62
US sanctions have tested China's friendship with Russia, as the global trade war escalates. Sanctions have fractured the global economy into competing blocs, with Russia pivoting towards its BRICS partners, particularly China and India. However, the sanctions have unintended consequences, creating a vacuum in Russian and Chinese markets that indigenous companies are filling. The global trading order has fundamentally changed, and the US dollar's status as the petrocurrency and sole reserve currency is at risk. Sanctions have become the new normal, shaping the emerging new world order. #Sanctions #GlobalTradeWar #BRICS...
#newstr #UsSanctions #ChinarussiaRelations #Trade #Sanctions #UschinaRelations
https://here.news/story/1000d551?ver=0.62
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#1000d551 ver:0.62
US sanctions have tested China's friendship with Russia, as the global trade war escalates. Sanctions have fractured the global economy into competing blocs, with Russia pivoting towards its BRICS partners, particularly China and India. However, the sanctions have unintended consequences, creating a vacuum in Russian and Chinese markets that indigenous companies are filling. The global trading order has fundamentally changed, and the US dollar's status as the petrocurrency and sole reserve currency is at risk. Sanctions have become the new normal, shaping the emerging new world order. #Sanctions #GlobalTradeWar #BRICS...
#newstr #UsSanctions #ChinarussiaRelations #Trade #Sanctions #UschinaRelations
https://here.news/story/1000d551?ver=0.62