Russia and China can shatter dollar dominance – diplomat ...News

The two nations have been promoting settlements in national currencies The transition to trade in national currencies between Russia and China will contribute to a global de-dollarization process, China's Charge d'Affaires in Russia said this week at a conference on the matter. “The existing economic partnership between China and Russia and the long-term accumulated level of trade have laid a solid foundation for further deepening cooperation between our countries,” Sun Weidong said, noting that bilateral trade has risen dramatically, mostly on energy and agriculture supplies. “Energy cooperation continues to play

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