02-04-2023, 10:41 AM
This month, Russia and China are sparking new jitters in Washington. That is primarily because of their stage-managed displays of diplomatic unity, around Ukraine and much else.
But it is also down to money: during a visit by Xi Jinping to Moscow last week, Vladimir Putin pledged to adopt the renminbi for "payments between Russia and countries of Asia, Africa, and Latin America", in a bid to displace the dollar.
https://www.ft.com/content/f8f3b2cd-6690...72751c8799
But it is also down to money: during a visit by Xi Jinping to Moscow last week, Vladimir Putin pledged to adopt the renminbi for "payments between Russia and countries of Asia, Africa, and Latin America", in a bid to displace the dollar.
https://www.ft.com/content/f8f3b2cd-6690...72751c8799