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Great news for China as they take complete control over the Russian financial system.
by exabrial 5y ago
Great news for China as they take complete control over the Russian financial system.
- anovikov 5y agoNot so great, it is exceedingly tiny compared to Chinese, anyway. Not a big deal for them.
- sudosysgen 5y agoOh it's a pretty big deal. It means half of the world is going to start using the Chinese financial system in earnest.
- kasey_junk 5y agoNot until China let’s you move money out of the country. They are going backwards on that now not forwards. And I don’t think anyone knows what will happen if they do liberalize the yuan. The Chinese authorities are terrified of it though.