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Kyrylo Budanov “When we work out certain actions on the objects of the defence industrial complex, we have only one goal: to slow down the production of Russian weapons.” 4 hours ago
Volodymyr Zelenskiy “Manufacturers of weapons and military equipment from all over the world can join its basic declaration and demonstrate that they are ready to build the arsenal of the free world together with Ukraine. The fund will be replenished from dividends from state defence assets and from profits from sale of confiscated Russian assets.” 4 hours ago
Dmitry Peskov “We would not want the president to have to refuse visits to Armenia for some reason. Armenia is our ally, a friendly country, our partner … But at the same time, we will have additional questions for the current leadership of Armenia … We still believe it is a wrong decision [Armenia joining the International Criminal Court].” 22 hours ago

Kyrylo Budanov “When we work out certain actions on the objects of the defence industrial complex, we have only one goal: to slow down the production of Russian weapons.” 4 hours ago
Volodymyr Zelenskiy “Manufacturers of weapons and military equipment from all over the world can join its basic declaration and demonstrate that they are ready to build the arsenal of the free world together with Ukraine. The fund will be replenished from dividends from state defence assets and from profits from sale of confiscated Russian assets.” 4 hours ago
Dmitry Peskov “We would not want the president to have to refuse visits to Armenia for some reason. Armenia is our ally, a friendly country, our partner … But at the same time, we will have additional questions for the current leadership of Armenia … We still believe it is a wrong decision [Armenia joining the International Criminal Court].” 22 hours ago

ECONOMY POLITICS CURRENT EVENTS

“The de-dollarization of the economy, which the Russian authorities are so proud of, essentially translates into 'yuanization.' Russia is drifting toward a yuan currency zone, swapping its dollar dependence for reliance on the yuan. This is hardly a reliable substitution: now Russian reserves and payments will be influenced by the policies of the Chinese Communist Party and the People's Bank of China. Should relations between the two countries deteriorate, Russia may face reserve losses and payment disruptions.”

www.aljazeera.com/economy/2023/3/21/no...
Type of Source: News

Researcher, Academic

China - Russia economic relations

China - Russia relations

Russia de-dollarization of the economy - Considerations