Dot. to World News@lemmy.worldEnglish · 8 hours agoChina backs Russia-proposed BRICS payment system.www.voanews.comexternal-linkmessage-square11fedilinkarrow-up129arrow-down11
arrow-up128arrow-down1external-linkChina backs Russia-proposed BRICS payment system.www.voanews.comDot. to World News@lemmy.worldEnglish · 8 hours agomessage-square11fedilink
minus-squareFuglyDuck@lemmy.worldlinkfedilinkEnglisharrow-up3·5 hours agoI suspect they’re- Russia- trying to pull a fast one, and china is okay because it won’t hurt them. Maybe this gives Russians access to reserve currencies that are harder than the ruble.
minus-squarePringles@lemm.eelinkfedilinkEnglisharrow-up4·5 hours agoChina is ok with it because they will insist the Renminbi be used as the brics reserve currency.
I suspect they’re- Russia- trying to pull a fast one, and china is okay because it won’t hurt them.
Maybe this gives Russians access to reserve currencies that are harder than the ruble.
China is ok with it because they will insist the Renminbi be used as the brics reserve currency.