Russian central bank governor Elvira Nabiullina says the yuan’s share in Russia’s exports has increased from 0.4 to 34.5 per cent, replacing the US dollar and euro as its ‘primary’ currency for foreign economic activity.
I mostly agree, but I’m sure the Chinese don’t mind seeing what happens when the West is faced with an ambivalent-to-hostile nuclear power, with deep commercial ties, going to war to press questionable territorial claims.
Yup China is funding them, but the Chinese don’t care about their war they are just slowly taking over Russia
I mostly agree, but I’m sure the Chinese don’t mind seeing what happens when the West is faced with an ambivalent-to-hostile nuclear power, with deep commercial ties, going to war to press questionable territorial claims.
China’s just happy to get rid of more of its currency so it can keep more dollars in reserve.
Which is not necessarily a good thing. Fuck China as much as Russia