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China's mounting such a strong attack on the dollar's dominance that it's paying for almost all of its Russian oil imports in the yuan

  • China imported $88 billion worth of major commodities from Russia in 2022 — a 52% jump from 2021.
  • Much of the trade was done in the Chinese yuan, per Reuters.
  • China has ramped up the use of the yuan to buy commodities such as oil and coal from Russia.

China's not mucking about when it comes to de-dollarization. 

所有跟帖: 

不过中俄交易不能说明啥,因为俄罗斯不能用美元那只能RMB。 -远阡- 给 远阡 发送悄悄话 (0 bytes) () 05/11/2023 postreply 06:16:32

西人的本来就是蛮族,他们这么说毫无心理障碍。 -StewartPlatform- 给 StewartPlatform 发送悄悄话 StewartPlatform 的博客首页 (0 bytes) () 05/11/2023 postreply 06:20:36

当中国对待去美元化时,他们并不是瞎胡闹。 -悠游感叹- 给 悠游感叹 发送悄悄话 (311 bytes) () 05/11/2023 postreply 06:35:50

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