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How the Chinese Yuan Positions as Key in the Russian Economy and Displaces the Dollar
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Russian foreign trade has radically changed its pattern of payments in just four years. Chinese yuan, once marginal, now dominates alongside the ruble, displacing the dollar and the euro in international operations.This phenomenon affects entrepreneurs, investors and governments that follow the evolution of the Russian economy and its links with China.This monetary shift not only reflects Western financial sanctions and blockades, but also redef…
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