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Can Russia and China succeed in dethroning the dollar?

Summary by Ground News
Trade between the two countries hit a record of $190bn last year. Much of those payments made in Chinese and Russian currencies. The two biggest geopolitical rivals of the United States want to counterbalance the dominance of the dollar worldwide. Meanwhile, Ukraine has won the IMF's first loan to a country at war.

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Al JazeeraAl Jazeera
Lean Left

Can Russia and China succeed in dethroning the dollar?

Russia turns to China's yuan as its foreign currency of choice and supports it in trade with other countries.

·Qatar
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Gold Coast BulletinGold Coast Bulletin

Can Russia and China succeed in dethroning the dollar?

Russia turns to China's yuan as its foreign currency of choice and supports it in trade with other countries.

·Southport, Australia
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The Toowoomba ChronicleThe Toowoomba Chronicle

Can Russia and China succeed in dethroning the dollar?

Russia turns to China's yuan as its foreign currency of choice and supports it in trade with other countries.

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Bias Distribution

  • 100% of the sources lean Left
100% Left
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Al Jazeera broke the news in Qatar on Saturday, April 1, 2023.
Sources are mostly out of (0)

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