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For trade between China and Russia, why wouldn't they just do it via Yuan and Rubel? What does a new system like CIPS bring to the table here?
by TekMol 5y ago
For trade between China and Russia, why wouldn't they just do it via Yuan and Rubel? What does a new system like CIPS bring to the table here?
- newaccount2021 5y agoBecause the strategic goal for China and Russia is to establish a stable, long-term alternative to US hegemony. The invasion of Ukraine is a demonstration of independent will.