In These New Times

A new paradigm for a post-imperial world

Moscow And Beijing bypass US Dollar, shift to gold trade

Posted by seumasach on April 3, 2017

Zero Hedge

1st April, 2017

The Russian central bank opened its first overseas office in Beijing on March 14, marking a step forward in forging a Beijing-Moscow alliance to bypass the US dollar in the global monetary system, and to phase-in a gold-backed standard of trade.

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