• Kaja Kallas
  • Moussa Faki Mahamat
  • Adrian Zenz
  • Matthew Kroenig
  • Andriy Yermak
  • Vitaly Savelyev
  • Oleksandr Korniyenko
  • Dainius Kreivys
View All
IPSE'S AUTHORS LAST 24h
  • No New Authors inserted in the last 24 hours
Check all the Authors in the last 24h
IPSEs IN THE LAST 24H
  • Kyrylo Budanov
    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.” 5 hours ago
  • Volodymyr Zelenskiy
    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.” 5 hours ago
View All IPSEs inserted in the Last 24h

#yuan

Page with all the IPSEs stored in the archive with the tag #yuan linked to them.
The IPSEs are presented in chronological order based on when the IPSEs have been pronounced.

Alexandra Prokopenko
Alexandra Prokopenko

“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.”

author
Visiting fellow at the German Council on Foreign Relations
21 Mar 2023 (approx) 4 3
Read More
Anton Siluanov
Anton Siluanov

“Is that a default? ... From Russia's point of view, we are fulfilling our obligations. If we see complications with executing the order then on Tuesday we will prepare a relevant transfer order in the rouble equivalent. Russia has the necessary funds to service its external obligations and may also use a yuan part of its gold and forex reserves if there is such a need. The freezing of the central bank and the government's foreign currency accounts can be seen as a desire by several Western countries to organise an artificial default.”

author
Minister of Finance of the Russian Federation
14 Mar 2022 6 3
Read More
Anton Siluanov
Anton Siluanov

“We have part of our gold and foreign exchange reserves in the Chinese currency, in yuan. And we see what pressure is being exerted by Western countries on China in order to limit mutual trade with China. Of course, there is pressure to limit access to those reserves. But I think that our partnership with China will still allow us to maintain the cooperation that we have achieved, and not only maintain, but also increase it in an environment where Western markets are closing.”

author
Minister of Finance of the Russian Federation
13 Mar 2022 4 3
Read More
Sagatom Saha
Sagatom Saha

“I don’t think the [Belt and Road Initiative] can yet serve as an effective vehicle for yuan internationalisation. You don't see many countries, except Pakistan, taking yuan loans even under the Belt and Road Initiative, in part because it’s not relatively useful for foreign reserves or global payments. [Belt and Road Initiative] could facilitate yuan internationalisation once the currency has reached a higher level of global acceptability, but it wouldn’t promote the currency to that point.”

author
Independent energy policy analyst based in Washington
12 Jun 2020 2 4
Read More
IPSEs by Context
October
MonTueWedThuFriSatSun
01
02030405060708
09101112131415
16171819202122
23242526272829
3031
IPSEs by City
IPSEs by Author
IPSEs by Entity
IPSEs by Country
arrow