Ruble and yuan dominate Russia-China trade – Lavrov ...News

Moscow and Beijing are trying to rely less on Western financial instruments as their relationship grows stronger, Russia’s foreign minister says Half of the trade turnover between Russia and China is conducted in national currencies and their share is growing rapidly, Russian Foreign Minister Sergey Lavrov announced on Wednesday. Speaking at a press conference on the results of the activities of Russian diplomacy in 2022, Lavrov stated that without “moves that could undermine our relations” and harm market players, Russia and China are cutting back on dependence on “Western instruments and unreliable partners.” In

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