In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘Russia-China cooperation’

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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China loan turns Russian oil east

Posted by seumasach on February 24, 2009

John Helmer

AsiaTimes

24th February, 2009

See also:

Putin: post-US world blueprint

MOSCOW – Officials involved in the Russian oil industry, and the country’s state treasury, breathed a sigh of relief as the Chinese and Russian governments announced agreement on a revolutionary shift in future Russian crude oil flows.

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