Why China and Russia are struggling to abandon the US dollar and forge a yuan-rouble deal

Why China and Russia are struggling to abandon the US dollar and forge a yuan-rouble deal

South China Morning Post - China·2019-01-15 19:33

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Russia and China plan to ditch the US dollar and switch to local currencies in international trade but yet another delay to a new system for yuan-rouble settlements shows just how complex it is to develop an alternative to the greenback.

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