Russian President Vladimir Putin stressed that most of the trade between the two countries is settled using yuan and ruble-based payments, leaving the dollar behind. He noted that Sino-Russian trade had risen by $100 billion, and they were still working to dismantle trade barriers. Putin: Local Currencies Take Control of Sino-Russian Trade, Dollar Relegated President […]Putin Reinforces Local Currency Dominance in Sino-Russian Trade: Dollar a ‘Statistical Discrepancy’
Russian President Vladimir Putin stressed that most of the trade between the two countries is settled using yuan and ruble-based payments, leaving the dollar behind. He noted that Sino-Russian trade had risen by $100 billion, and they were still working to dismantle trade barriers. Putin: Local Currencies Take Control of Sino-Russian Trade, Dollar Relegated President […]