pull down to refresh

Does Russia trust China's CBDC?
India?
South Africa?
I mean, they might try it for a minute. I don't think it will work.
Russia is already dependent upon China for export of its oil and gas and for access to the manufactured goods to keep the Russian economy functioning. Ditto Iran. India has long been close to Russia in trade and military- now Russia is subservient to China. All nations now need to trade with China or suffer real loss of economic advantage because China produces the lowest cost manufactured goods and pays the best price for many commodities.
reply