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World News@lemmy.worldEnglish · 8 hours ago

China backs Russia-proposed BRICS payment system.

www.voanews.com

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China backs Russia-proposed BRICS payment system.

www.voanews.com

Dot. to

World News@lemmy.worldEnglish · 8 hours ago

China backs Russia-proposed BRICS payment system

www.voanews.com

Analysts say China is interested in using alternative payment system to challenge the current system dominated by the US dollar

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FuglyDuck@lemmy.world
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5 hours ago
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.
- Pringles@lemm.ee
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  China is ok with it because they will insist the Renminbi be used as the brics reserve currency.

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