Sanctions preclude Moscow and Beijing from using the US currency in transactions, so turning to national alternatives is only natural, Nelson Wong says Abandoning the US dollar in Russian-Chinese trade and switching to national currencies is a necessary measure in the current circumstances, Nelson Wong, the head of the Shanghai Centre for RimPac Strategic and International Studies, told RT on the sidelines of the Valdai Discussion Club meeting in Sochi on Thursday. According to the analyst, de-dollarization was not a choice made by the two countries, but rather a necessity forced upon them by Ukraine-related Weste
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